What lessons have we learned from 2008?

SPECIAL REPORT

Fund managers and groups have looked to alter their portfolios and procedures in light of the lessons learned from the events of 2008, writes Kira Nickerson

Some fund managers have tightened their sell disciplines while others have moved to greater flexibility in what they can hold, or rather what they can use to defend their portfolios in times of market difficulty. Others have had to increase their turnover levels in order to contend with the increased market volatility which still exists. On the fund group side, businesses have moved to shore up risk management systems, tightened governance issues and some have even expanded their product ranges to include more absolute return products. SVM Neil Veitch, fund manager of SVM Opportunities...