Global Conference 2016
Is Asset Management the Next Frontier in Systemic Risk? (By invitation only)
Monday, May 2, 2016 / 9:30 am - 10:30 am
As asset managers' role in financial intermediation has grown, so too has regulators' fear that their operations may contribute to marketwide instability. Whether systemic risk is created by asset management or merely "passes through" as a consequence of monetary policy or other factors is a point of contentious debate. In this private session, industry participants will share their views on the issues confronting asset managers from a marketwide perspective. Do certain strategies increase cross-asset correlations or result in herding behavior? What role can liquidity management programs play in preventing fire sales by investment funds?