Moderator Brian Ruane BNY Mellon Panelists Dolores A Atallo Deloitte Viju Joseph Eton Park Capital Management LP Eric Jacobs King Street Capital Management LP BNY Mellon Alternative Investment Services ID: 810460
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Risk Road Map: Navigating the Evolving Risk Landscape in the Hedge Fund World
Moderator: Brian Ruane, BNY MellonPanelists: Dolores A. Atallo, Deloitte Viju Joseph, Eton Park Capital Management, L.P. Eric Jacobs, King Street Capital Management, L.P.
BNY Mellon Alternative Investment Services
October 20, 2011
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Slide2Who will win The World Series?
Texas RangersSt. Louis Cardinals
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Slide3How would you describe your firm?
Hedge Fund with less than $1BNHedge Fund with $1BN - $5BNHedge Fund with more than $5BN
Institutional Investor
Industry InfluencerHigh Net Worth Investor
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Slide4Other than market risk, which type of risk would you rank as a most important risk factor?
Redefining RiskA defining characteristic of Hedge Funds is their focus on managing risk. As we all know, fund managers have always focused on managing and mitigating market/investment risk.
Liquidity / Funding Risk
Counterparty / Credit Risk
Operational / Fraud Risk
Regulatory Risk
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Slide5Which type of risk do you feel is currently the most manageable?
Redefining Risk
Liquidity / Funding Risk
Counterparty / Credit Risk
Operational / Fraud Risk
Regulatory Risk
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Slide6Risk Role
At your firm today, how empowered is your Chief Risk Officer? Veto rights
Reporting functionCan close out trades
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Slide7Evolving Governance Models
Moderator: Brian Ruane, BNY MellonPanelists: Dolores A. Atallo, Deloitte Viju Joseph, Eton Park Capital Management, L.P. Eric Jacobs, King Street Capital Management, L.P.
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Slide8Operational Risk
How have the resources allocated to your operation changed in the last 3 years?
Increased by 10-20%
Increased more than 20% Stayed the same
Reduced
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Slide9Operational Risk
Moderator: Brian Ruane, BNY MellonPanelists: Dolores A. Atallo, Deloitte Viju Joseph, Eton Park Capital Management, L.P. Eric Jacobs, King Street Capital Management, L.P.
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Slide10Managing Funding and Liquidity Risk
Moderator: Brian Ruane, BNY MellonPanelists: Dolores A. Atallo, Deloitte Viju Joseph, Eton Park Capital Management, L.P. Eric Jacobs, King Street Capital Management, L.P.
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Slide11Managing Counterparty Risk
Moderator: Brian Ruane, BNY MellonPanelists: Dolores A. Atallo, Deloitte Viju Joseph, Eton Park Capital Management, L.P. Eric Jacobs, King Street Capital Management, L.P.
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Slide12Disclosing Risk Many hedge funds are providing risk reporting to investors. Today, what type of risk reporting do you provide/receive?
Position based reporting from fund
Returns based reporting from fundBoth position based & returns based reporting from fund
Position level reporting from fund
Reporting from a third party
None
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Slide13Disclosing Risk
Five years from now, what risk reporting would you expect?Position based reporting
Returns based reportingBoth position based & returns based
Position level reporting
Other
None
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Slide14The Future of Risk Management
Moderator: Brian Ruane, BNY MellonPanelists: Dolores A. Atallo, Deloitte Viju Joseph, Eton Park Capital Management, L.P. Eric Jacobs, King Street Capital Management, L.P.
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