The growing importance of risk management for institutional investors remains a key conversation in financial markets around the world, and it’s no different in Latin America. With more regulated markets than ever, where companies follow high standards of industry practices, properly assessing risk is actually one of the biggest risks faced by investors globally. According to Adriano Koelle, Chairman for Latin America and Country Executive for Brazil at BNY Mellon, “the global financial system is basically a machine to allocate capital. When they fail to measure risk and thus fail to allocate capital efficiently, the whole industry suffers as we could see in the recent crisis in 2008.”
BNY Mellon discusses the importance of risk management, specifically in Latin America, in an article in LatinFinance. Download An Inside Look into Institutional Investment Management.
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