Risk on the rise

EDITOR’S LETTER

In assessing the value proposition offered by an asset manager, prospective clients traditionally consider a firm’s past performance. This key criterion is what sets industry leaders apart from the competition. But as crucial as performance is, it isn’t the only factor taken into account when it comes to awarding mandates. Something else is becoming increasingly important: risk management.

The truth of this assertion became clear to me on more than one occasion this month, as I discussed risk

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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