Risk appointments awaited

- Navroz Patel
- 01 Feb 2004

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Investors are scrutinising fund managers’ risk management and compliance functions more closely following the slew of investigations into trading abuses and concerns about securities valuation among hedge funds and mutual funds.

But while there is much talk among the buy side about hiring more risk managers and compliance officers, actual recruitment activity in these areas has been lacking, says recruitment firm Russell Reynolds Associates. “Despite the increased dialogue about hiring such

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