Posts by Andrew Borowiec
Predictions for ESG and investment manager due diligence
ESG (Environmental, Sustainability, and Governance) is one of the fastest growing asset classes and as such, more focus is being placed on its inclusion in the investment manager due diligence process. Triggered by the SEC Concept Release in 2016 that contained a section on ESG measurement and reporting, we have seen several shifts in the…
Read MoreEstablishing ESG metrics for investment manager due diligence
ESG (Environmental, Sustainability, and Governance) is estimated to be a 70 trillion-dollar asset class, with returns often outstripping traditional rivals by a significant margin. But this golden egg laying goose comes with its own challenges, primarily how to measure and report on the ESG aspects of the investment. Why ESG due diligence matters If…
Read MoreInvestment due diligence procedures for regulatory examinations
Robust investment due diligence procedures are no longer best practice. They’re a regulatory requirement under MiFID II which was due to roll out this month and is still scheduled to come into force in the next few months. With this in mind, it is worth revisiting your own investment due diligence procedures and being aware of what…
Read MoreCompliant investment due diligence procedures for asset management
IMDDA hosted a webinar “What are Today’s Asset Managers Due Diligence Obligations?” with Robin Hodgkins, President of Castina LLC and former CISO John Rizzulo, now President at Rizzulo GRC. They spoke extensively about investment due diligence procedures for asset management. Here are a few of the highlights to whet your appetite for the full recording: 1.…
Read MoreInvestment due diligence procedures for third party risk management
Recently we hosted a webinar with Robin Hodgkins, President of Castina LLC and former CISO John Rizzulo, now President at Rizzulo GRC. One of the topics they looked into was the correct investment due diligence procedures needed to effectively manage risk when engaging third party vendors. Here are a few of the highlights: A Full Lifecycle…
Read MoreIMDDA Signs Mandate With Pennsylvania School Retirement System
IMDDA said that the Pennsylvania Public School Employees’ Retirement System retained the group to conduct on-site, customized due diligence educational training programs. “In the two years since we founded the IMDDA, we have attracted hundreds of professionals as members, worked with hundreds more through our international training seminars, and helped build understanding of and appreciation for the…
Read MoreFinancial Firms Can’t Ignore the Foreign Corrupt Practices Act
As the recent SEC action against BNY Mellon shows, banks and asset managers must look closely at their business to ensure FCOA compliance… Read more
Read MoreBalancing Innovation and Risk Through Enhanced Derivatives Governance
Geoff Cole and Jackie Colella, Sapient Global Markets Typically considered an instrument reserved for hedge funds and complex investment strategies, derivatives are becoming far more common today within investment portfolios. Desire for benchmark outperformance and product differentiation in a crowded marketplace has led to a marked increase in the use of derivatives within US mutual…
Read MoreExperts Say Reliance on Standardized Reporting Inadequate for Due Diligence
In our ever-competitive landscape, smaller and mid-sized companies are often seeking the shortest route, not always the smartest, in their growth strategies. Understanding the operating risk of a company or transaction requires more than a cursory review of the company’s standardized reports. A process of critical and detailed analysis is essential to monitoring the growth…
Read MoreESG ‒ Issues Faced by an Elusive Definition
By: Richard M. Morris Threshold Diligence Issues Confronting ESG Investments Investors with allocations in the environmental, social and governance asset class (ESG) face numerous due diligence issues regarding the construction and management of their investment portfolio. One threshold issue that must be addressed by the investor and investment manager is the scope or definition of…
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