Tackling Transparency

Before we kick off today's discussion, I think we should set the scene in terms of what the current state of play is regarding the pricing of derivatives and the valuation of portfolios containing such instruments. Olivia, do you believe that buy-side firms are being well served at present and supported in terms of the business in this particular area?

Olivia Erby: We are a credit fund predominantly and so a large proportion of our portfolio is in derivatives. On the whole, we value that

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