Fund managers under pressure to improve op risk due diligence
Operational risk is expected to rise as the economy recovers, and fund managers are under increasing pressure from investors to improve due diligence, according to a recent survey from the The Glass Hammer/Stone House Consulting, a strategic, operational and IT consulting firm.
Investment managers believe operational risk is set to rise because of staff cutbacks and the greater use of outsourcing, says Holly Miller, partner at Stone House Consulting and the survey’s author. The Survey of buy
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