As markets for collective investments continue to develop, it will become possible to construct funds that use a wider range of investment tools and underlying investments to meet the requirements of more knowledgeable and sophisticated investors.
The daily monitoring of market risk is an important element of these developing markets. Rob Hain, CEO at City Financial notes âExcellence in risk management is integral to City Financialâs approach. We chose IRML for our risk monitoring function because they have access to the best tools for risk management and the skills to apply them effectively and in the best interests of our shareholders.â
Yves de Naurois, Managing Director at IRML states âWe are delighted to be working with City Financial, providing them with daily risk monitoring and an early warning system which will alert them instantly of deviations against the pre-determined risk parameters set for their funds. Monitoring risk is necessary to ensure the effective operation of the funds, to protect City Financialâs reputation and to safeguard the interests of the individual investor.â