portfolio management

The Archegos Lesson: Bring Risk Management to where it belongs

The biggest lesson from Archegos fiasco is that risk management function should not be a side-kick and should be manned by independent, non-partisan executives who will not bend come what may. While this can slow down the growth, at least the institution will survive to analyze. If not, the board meetings will only happen in corporate cemeteries! While 99% of today’s news is centered around COVID-19 and its multiple waves across the world, on March 23, 2021 a hedge fund...