Risk magazine - Volume 26/ Number 3


Family offices find an appetite for credit risk

Family wealth funds are dumping hedge fund positions and taking control of their own investment decisions. But as some move into direct lending – to replace retreating banks – they face new risk management challenges. Peter Madigan reports

People: Bailey to be first head of the PRA

Bank of England veteran lands top job at new UK prudential regulator; Kengeter leaves UBS; Getco names new management team; Goldman forex head departs; LCH.Clearnet names new US chief exec

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