The financial crisis revealed the extent to which reliable valuation underpins the investment world. As a result valuation of hedge fund assets has become a key focus area and the use of independent verification continues to increase.
With this greater focus on independent views, different concerns have been raised. The main worry is how investors can ensure they are getting fair value even when a third-party valuer is involved, particularly on esoteric assets, without undermining the reasons for
The week on Risk.net, December 2–8, 2017Receive this by email