Risk Management for Investment Funds: A Practical Guide for European Funds in International Markets

by Luc Neuberg, Paul Kleinbart, Martin Vogt, Francois Petit

Overview

The first comprehensive risk management guide to European investment funds

The European investment fund market is one of the biggest financial markets in the world—with a total value of approximately 22 trillion EUR. To help investors understand how risk is managed in this vast market, Risk Management for Investment Funds provides a comprehensive yet practical guide, written by four financial experts from diverse and complementary backgrounds: former heads of risk management, university teachers, professional trainers and an expert with a supervisory financial authority.

Risk Management for Investment Funds offers valuable insights into managing risk for UCITS funds and alternative investment funds, while covering the following aspects:

• The framework of European investment funds
• Regulatory requirements related to risk management that apply to funds and fund managers
• Traditional market, liquidity, credit, counterparty and operational risks faced by funds, their managers and investors
• Emerging risks related to climate change and technology
• Analytical methods and innovative techniques developed by successful risk managers to assess and manage risks, as well as the theories underlying them

Packed with a wealth of information that cannot be found in other books on risk management, this authoritative guide to managing the risks of European funds is the most comprehensive publication on this important topic.

Product Details

ISBN-13:	9781264267194
Publisher:	McGraw Hill LLC
Publication date:	02/10/2023
Pages:	512
Product dimensions:	6.40(w) x 9.30(h) x 1.90(d)

About the Author

Luc Neuberg, PhD, is a founding partner of Fair Cost Index, and the Chairman of the Board of ALRiM, the Luxembourg Association for Risk Management. He is a member of the Advisory Committees of the CSSF. He previously served as CEO, head of risk management and a board member of diverse investment funds and fund management companies.

FRANÇOIS PETIT leads a division of the CSSF, which is dedicated to the supervision of investment fund managers. He previously ran the division that is responsible for risk management and macro prudential supervision of investment funds. Prior to joining the CSSF, François was the head of risk and compliance for Amundi Luxembourg. He speaks on risk management at seminars and teaches at a French university.

Martin Vogt, PhD, is a Professor of Business Intelligence at Trier University of Applied Sciences and a member of the boards of directors of several funds with diverse strategies. He previously served as a managing director, a head of risk management, and a consultant for several well-known asset managers.

Paul Kleinbart has more than 35 years of experience in financial services. Since 2001, he has been a trainer in financial services and risk management, both at the university level and for professional training institutes. He has been a member of ALRiM's Board since 2003 and is responsible for ALRiM’s risk management training program.