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New research from Ocorian and Newgate Compliance, market leaders in regulation and compliance services for funds, corporates, capital markets and private clients shows alternative fund managers are losing investment mandates or clients because of compliance issues. It also reveals there has been an increased level of internal conflict between the fund management team and compliance and risk team during the last two years which shows no sign of slowing – instead it’s only expected to rise over the next three years.
The international study with senior leaders and senior compliance and risk executives at alternative fund manager firms which collectively manage around US$132.25 billion AUM, found 81% think issues with their organisation’s compliance has resulted in losing...
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