IDC Resources for Directors Fund Operations Oversight Risk Oversight
All companies, including funds, incur risk as a part of doing business. To achieve investment returns, a fund must incur investment risks. The risk of loss arising from daily operations is an unavoidable byproduct of any business, including the fund business.
Fund advisers have long been responsible for managing their funds’ risks. An adviser seeks to optimize investment risk to produce the best risk/reward return for a fund relative to the fund’s investment objectives and risk profile, and the adviser and other service providers manage the operational risks associated with the services they provide to the fund. Fund boards, consistent with their general oversight responsibilities, oversee those activities.
FAQs and Resource Centers
Publications
- Fund Board Oversight of Risk Management (pdf)
Sep 30, 2011
- Board Oversight of Derivatives (pdf)
Jul 24, 2008
Webinars
- Webinar: Emerging Financial Technologies: An Overview for Fund Directors
Mar 30, 2017
- Webinar Series: Deeper Dive—Derivatives - Session 2: Fund Operations and Regulatory Considerations
Jul 16, 2015
- Webinar Series: Deeper Dive—Derivatives - Session 1: Implementing Investment Strategies
Jun 22, 2015
- Webinar: Superstorm Sandy - Emergency Planning and Lessons Learned
Feb 7, 2013
Regulatory Matters
IDC’s memos inform directors about important regulatory, legislative, and judicial developments. IDC also comments on proposals that could affect board responsibilities or shareholder interests. See below for recent comment letters and memos on selected topics.
