AIMA has published a paper on liquidity risk management (LRM) in alternative funds which primarily examines LRM in relation to alternative investment funds and private funds as these are the predominant types of funds managed by AIMA members.
The paper explores how the requirements for LRM differ as
between professional investor funds and retail-focused funds such as
UCITS and investment companies registered under the Investment Company
Act of 1940. LRM of investment funds has attracted growing regulatory
attention in recent years with many policymakers assessing whether
current LRM requirements and practices are still fit for purpose and
whether changes are needed. The paper reflects on the concerns being
raised in the policy debate, but also looks closely as to how investment
managers view LRM for the funds they manage, what the key practices for
sound practices in LRM are and what types of policy responses might be
more or less helpful to enhancing their ability to perform robust LRM
with respect to the funds they manage. The paper has been drafted with
support and input from AIMA members and takes into account the market
events that followed the global COVID-19 outbreak.
Full paper
AIMA
© AIMA - Alternative Investment Management Association
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article