by Samuel K. Won
Family offices were not spared during these financial meltdowns, and many suffered significant financial losses as a result of inadequate or a complete lack of risk management. Only a select few family offices employed risk defeasance measures to mitigate their financial losses during this time. In addition, many of these family offices suffered major losses due to their large allocations to illiquid alternative investments. As a result, these family offices were also unable to benefit greatly during the snap-back rally in 2009. This white paper discusses the key considerations and issues in risk management, the investment risk strategy, key success factors in risk management and risk process/governance, among others topics.
To view the full PDF of the white paper, please click here.