Financial Products & Associated Risk Management

Risk Management for Asset Managers - Part 3


This eCourse consists of two modules. Module 1 provides a high-level overview of operational risk from an asset management perspective. Operational risk is increasingly recognized as a key source of risk for asset managers. Regulators expect asset managers to identify operational risk exposures and to implement appropriate risk management policies. Key sources of operational risk for asset managers include trade execution, outsourcing, and technology.

Module 2 provides an overview of high-level overview of business strategy risk, conduct risk, and fee compression risk from an asset management perspective.


On completion of this course, you will be able to:
- Define operational risk and list the key categories of operational risk
- Recall the process for identifying, measuring, and monitoring operational risk
- Identify the key sources of operational risk for asset managers
- Recommend policies and procedures for managing and mitigating operation risk
- Define business strategy risk and list its key components
- Define alpha generation risk and name its key drivers
- Define fee compression risk and identify its growing importance for asset managers
- Define conduct risk and recommend strategies for managing it

Content Highlight

Asset Management – Operational Risk
Topic 1: Operational Risk Overview
Topic 2: Operational Risk Management
Topic 3: Operational Risk & Asset Management

Asset Management – Other Risks
Topic 1: Business Strategy Risk
Topic 2: Distributor Oversight & Conduct Risk

Administrative Details

Relevant Subject
Type 9 - Asset management
SFC:2.00, PWMA:2.00
All Member: HKD610
Non-Member: HKD890
Staff of Corporate Member: HKD610