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Investors with other peoples money receiving fees based on annual return. What do they care about the risks?
by pstrateman 8y ago
Investors with other peoples money receiving fees based on annual return.
What do they care about the risks?
- coughupalung 8y agoAny reputable investment firm will have risk management reports. If you don't like your fund pouring significant money into A+ rate bonds of a country with potential headwinds then pull out or sue.
- hermitdev 8y ago> What do they care about the risks? Plenty. You dont last long in finance if you take outsized risks and lose your clients money. Various firms and investors have varying risk tolerances, but any finance firm worth anything has a risk team that is daily monitoring these things.
- codycraven 8y agoLike garbage mortgages? While I'd really like to believe companies will act appropriately for their own long-term success, in reality the people working there look out for themselves and are just a job hop away from a fresh start at a different finance company. I see this in tech all the time where developers at agencies pound out horrible code with no long-term care for what they deliver, just that they meet the request in the here and now.