UK - A risk management solution has been launched which can simulate the impact of historical crises on hedge funds.
Riskdata, which provides risk management solutions for funds of hedge funds, claims its Risk Profiles FOFiX solution represents a breakthrough in crisis risk management for hedge fund investors.
Director of research Raphael Douady said: “Portfolio analysis can be compromised if only one or two managers do not provide current position data.
Risk Profiles integrates hedge fund strategies and the change in market behaviour under extreme conditions – importantly it requires only the record of hedge fund returns.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers