There is absolutely no upside to operational risk. Best practice standards are a minimum that should be met or exceeded.

Operational due diligence ensures that the means exist to support the investment function with sound operational practices, particularly verifying the existence and valuation of the assets. We note deviations from best practice which allows investors to work with a manager to find acceptable solutions.


Sophisticated clients have unique investment preferences and effective operational due diligence is essential to reduce unnecessary risks.

The most problematic areas today include offering documents with no investment or leverage limits, information security systems that lack independent testing and ESG policies that fail to meet client guidelines.




+44 (0) 20 7111 0973

  • I became more agile in managing ambiguity. The immersive, interactive sessions of the CFA UK Ethical Leadership Pro… ,
  • Join other future-thinking senior leaders on the 3-day CFA UK Ethical Leadership Programme to discuss and debate pr… ,
  • *Last chance to vote* Submissions for the CFA UK Journalism Awards are pouring in - this year we are asking CFA UK… ,