Risk & Restructuring.
The changing nature of the markets, regulatory scrutiny and increased transaction activity has led to the need for clearer and improved risk management and governance practices. Underlying this is the danger of severe reputational damage if significant events or activities are not dealt with appropriately. Alternatively, there are specific opportunities for growth in lower-risk products such as bond funds, exchange-traded funds and some of the simpler higher-risk products. Managers can use restructuring as a route to growth. Mergers, for example, create the scale needed to distribute low-cost products or fill in product ranges with high-alpha strategies.
