When the financial crisis hit, few would have thought one of the most lasting and far-reaching outcomes would be in the board room of hedge funds. The realisation by investors and investment managers that a board made up of independent directors was an essential hit home as gates, lock-ups and suspended redemptions became ever more common.
When times are tough for a hedge fund, it is also likely that emotions will run high, too. That means the board of directors needs to keep a cool head and a c
The week on Risk.net, July 14–20, 2017Receive this by email