Analysing for unintended risk
risk has always been a primary consideration for fund managers and their clients. However, what each party has in mind when thinking about risk and how to manage it can be quite divergent. Clear and thorough communication around risk is therefore an integral part of the arrangement between clients and fund managers to align the two perspectives as much as possible.
One of the main determinants of risk from the client’s perspective is the investment benchmark. In the case of a
