Market view: The role of the chief risk officer
Risk management is a discipline often neglected amongst buy-side firms but now more than ever investment managers need to get to grips with their risk exposure. Reinforcing the role of chief risk officer is a start.
The financial industry is going through the kind of transformation that only comes around once or twice a century. Many investors and bankers are finding it the most challenging period of their careers. Unpredictable it may be, but at least no one can say it's boring.
One area that is seeing a particular level of change is investment management. Managers in the past took more risks that they didn
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