The Risk
European regulation such as AIFMD and UCITS V, aiming to protect assets in collective investment vehicles, have made Depositary Banks risk concentrators in the European funds industry.
Banks are now required to demonstrate to their fund clients that they understand and monitor capital market risk – in particular, assessing the way in which funds’ assets are held and are recoverable in the event of a default or crisis.
The Solution
Thomas Murray provides a comprehensive overview of the factors surrounding the protection of client assets in invested markets. Our Market Asset Safety Risk Assessments (MASRA) provide investors with assessments of each market in terms of relative risks of loss of assets in the connect of AIFMD and UCITS V.
The assessment includes elements of country risk: the natural, political, and financial environment that could directly or indirectly trigger loss of principal and the risk of a state defaulting on its debt. It also covers local market processes and risks in the capital market infrastructure and sub-custody arrangements affecting the safekeeping of underlying securities.
We safeguard clients and their communities
Petroleum Development Oman Pension Fund
“Thomas Murray has been a very valuable partner in the selection process of our new custodian for Petroleum Development Oman Pension Fund.”
ATHEX
"Thomas Murray now plays a key role in helping us to detect and remediate issues in our security posture, and to quantify ATHEX's security performance to our directors and customers."
Northern Trust
“Thomas Murray provides Northern Trust with a range of RFP products, services and technology, delivering an efficient and cost-effective solution that frees our network managers up to focus on higher Value activities.”
Insights
Common Operational Red Flags Investors Miss in Due Diligence
Operational failures rarely come with warning signs until you know what to look for.
The Hidden Costs of Spreadsheet-Based Due Diligence
For decades, spreadsheets have been the default tool for operational due diligence. But the costs of this approach are becoming impossible to ignore.
Thomas Murray Launches “Beneath the Asset” Initiative
New analysis warns the classic understanding of asset safety is being fundamentally reshaped.
Missing Security Provisions: 10 Key Questions every Private Equity firm should ask their MSP
Most private equity firms assume their MSP is handling cyber security. Most are wrong.
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