The CRO road

FEATURE: RISK MANAGEMENT

In just over two months all US-based hedge funds with more than 15 investors and/or $25 million under management will have their own dedicated chief compliance officer. Chief risk officers are similarly starting to make an appearance on the buy side, especially within the larger hedge funds that have acted pre-emptively and appointed a single person to oversee a number of aspects of their business. But what role should a hedge fund CRO play, and are these appointments prescient of wider chan

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