THE LATEST INDUSTRY TRENDS, NEWS, REGULATIONS AND EVENTS SURROUNDING RISK MANAGEMENT.
Industry regulators and independent bodies have continuously stressed the importance of investment funds embracing a robust liquidity risk management framework and policy, not only to conform to the respective guidelines but to ensure industry best practises are adopted.
At Arkus, we have worked on providing a cost-effective liquidity risk reporting solution through our online risk monitoring platform, RiskRadar.
An interactive online platform that manages and monitors portfolio risk for a variety of UCITS/AIF fund structures and investment strategies.
At Arkus, we continually participate in some of the leading Asset Management events in Europe, speaking and hosting panels on areas surrounding our expertise field, Risk Management.
At Arkus, we provide an extensive report that allows to screen for potential liquidity risks stemming from both the asset and the liability side of the monitored portfolio either in current market conditions or under stressed scenarios and at different time horizons.
The EU is drifting into a debt union, accessing capital markets for the first time in its history to finance a huge stimulus package for (and from) its member states. EU realized volatilities fell sharply into their medium regimes while such a move could not be observed for implied volatilities.
National Competent Authorities to which these Guidelines apply must notify the EU regulator whether they comply or intend to comply with the Guidelines, within two months of the date of publication by ESMA of the Guidelines in all EU official languages.
Equity markets continued their recovery fueled by (even more) Central Bank money and fiscal impulses from governments. As for most companies’ earnings outlooks remain grim the P/E gap is widening, and the rally still seems to be merely based on expectations of a catch-up.
ESMA has published updated reporting instructions to be used for reporting under the Money Market Fund Regulation (MMFR).
EU’s securities market regulator, has published today a supervisory briefing on the supervision by NCAs on the costs applicable to UCITS and AIF’s.
The European Systemic Risk Board (ESRB) addresses liquidity risk concerns regarding investment funds that have significant exposures to corporate debt and real estate assets.expectations of a catch-up.
If the ever-increasing sovereign debt levels and also potentially a rise in corporate/retail defaults persists, it might induce further systemic risk and the pressure on the banks might darken the picture again. Even though most asset classes are still in their high regimes, markets seem to anticipate a short-lasting economic impact.
Regulators across Europe are asking asset managers for reams of new information about their ability to meet investor redemptions as they seek to stave off a liquidity crunch sparked by the coronavirus market sell-off.
EU’s securities market regulator launches a common supervisory action with national competent authorities on the supervision of UCITS’ manager’s liquidity risk management across the European Union (EU).
Following the decisive election victory for the conservatives, we try to take an informed look into what 2020 might entail for the asset management sector in the UK and across Europe.
Luxembourg regulator publishes Circular CSSF 19/733 for liquidity risk management for open-ended undertakings for collective investment (UCIs).
Recently, Mark Carney, Governor of the Bank of England, said that “investment funds have a structural mismatch between the frequency with which they offer redemption’s and the time it would take them to liquidate their assets, magnifying market adjustments and triggering further redemptions”. Click here.
Markets started the year lighter as the outbreak of the Corona-virus and the impact on global production chains added to the list of concerns about the global economy. Equity volatility (and vovos) were picking up. Brexit finally happened on paper, but the agreed transitory period is still ongoing, so the blur continues.
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