Describe the risks and opportunities that might arise if the group decided to use the market risk models it uses for its own management purposes to provide its asset management clients with portfolio risk statistics on the portfolios and funds in which they are invested.

Answer rating: 100% (QA)

Risk is defined in financial terms as the chance that an outcome or investments actual gains will differ from an expected outcome or return Risk includes the possibility of losing some or all of an or... View the full answer