Preventing and detecting hedge fund failure risk through partial transparency

Operations in Financial Services—An Overview

“…Asset management provides an interesting example of an area within the financial services sector that has been receiving an increasing amount of research attention with regard to best practices from various operations management perspectives. The body of research on operations management in asset management is growing, however, not always produced by operations management researchers, but often by those in the finance world (Black 2007, Brown et al 2009a, b, Kundro and Feffer 2003, 2004, Stulz 2007), who examine operational risk issues in hedge funds. A collection of operations management research papers in asset management can be found in a recent book by Pinedo (2010).…”