Jeffreys returns with fund risk monitoring

Co-founder of Fund Research Peter Jeffreys is returning to the market with a fund risk monitoring se...

Co-founder of Fund Research Peter Jeffreys is returning to the market with a fund risk monitoring service. Independent Risk Monitoring (IRM), which has a staff of five, is looking to provide services to asset management firms. It will monitor agreed-risk parameters, benchmarks and mandates on portfolios and is looking to expand its staff to 11 by the end of the year. The group estimates a single IRM analyst can monitor up to 40 portfolios effectively. Jeffreys said there is growing regulatory pressure for asset managers to monitor risk and IRM's advantage is not so much provision of risk ...