Buyside Shouldn't Copy Sellside Risk Management, Says Pro

Buyside firms, such as hedge funds, have different risks to their sellside counterparts and therefore shouldn't adopt the same control orientated risk management policies, according to Richard Bookstaber, president of Scribe Reports.

  • 27 Jun 2004
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Buyside firms, such as hedge funds, have different risks to their sellside counterparts and therefore shouldn't adopt the same control orientated risk management policies, according to Richard Bookstaber, president of Scribe Reports.

Bookstaber noted that broker/dealers firms have more complex risk considerations, including more leveraged portfolios, and often have management without direct trading experience so need a strict control-based risk management strategy. On the other hand, hedge funds typically have more experienced staff who better understand the risks of the trade so do not need controls that are as rigid.

  • 27 Jun 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 330,488.64 1282 8.09%
2 JPMorgan 322,584.56 1394 7.90%
3 Bank of America Merrill Lynch 296,928.01 1015 7.27%
4 Barclays 249,873.33 927 6.12%
5 Goldman Sachs 220,211.32 736 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 BNP Paribas 46,112.22 182 6.98%
2 JPMorgan 44,545.29 93 6.74%
3 UniCredit 35,639.50 153 5.39%
4 Credit Agricole CIB 33,211.72 160 5.03%
5 SG Corporate & Investment Banking 32,419.80 126 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,792.73 61 8.96%
2 Goldman Sachs 13,469.15 66 8.75%
3 Citi 9,716.40 55 6.31%
4 Morgan Stanley 8,471.86 53 5.50%
5 UBS 8,248.12 34 5.36%