European fund managers concerned over increased non-financial risks from AIFM directive
Non-financial risks may be increasing in Europe, according to a survey of the fund management industry. Non-financial risk priorities for respondents are transparency, information and governance.
In a recent survey by Edhec-Risk Institute1, conducted as part of the CACEIS research chair on Risk and Regulation in the European Fund Management Industry, respondents were asked to evaluate the overall impact that the accelerated notification procedure and the alternative investment fund managers (AIFM) directive were each likely to bear on non-financial risks, and why.
Over 160 high-level European fund management industry professionals were surveyed by Edhec-Risk. The respondents said the main
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