The Buy Side Risk Managers Forum was formed in 2003 to bring together heads of risk management or chief risk officers at traditional buy side - asset or investment management - companies. The group currently includes large retail, institutional, and high net worth asset managers. The group explores and defines issues of interest to buy side firms, looking to find or delineate best practices in the industry. A particular focus is on finding where risk management practiced by other kinds of institutions such as banks, broker-dealers, insurance companies, and hedge funds may overlap - and where it may differ - from the practice at buy side firms. For example, operational risk may be handled differently by an asset manager than by a multinational bank. Meeting twice a year, the Buy Side Risk Managers Forum designates special interest subgroups who research specific areas and report to the full group on their findings. Recent groups have covered operational risk and credit risk management. The findings of these groups are available only to members. Membership is by invitation only to heads of risk management, chief risk officers, or equivalents at large for-profit buy side firms, generally with the equivalent of USD 100 billion or more in assets under management. For more information, email contact@buysiderisk.org.
Download Buy Side Risk Management Principles: