For asset managers and asset owners, the onset of Coronavirus has meant unprecedented levels of uncertainty and market volatility since March.
For asset managers the pandemic has meant uncertainty and market volatility. BNP Paribas Securities Services takes a look at the challenges faced.
Among the risks buy-side institutions have had to keep a particularly close eye on are liquidity management, collateral management and FX risk management, while some regulations – for example, money market fund (MMF) reporting requirements – have been delayed.
Despite a partial recovery in the markets, unpredictability and fragility continue to be a major feature. In this article, BNP Paribas Securities Services shares its insights into some of the challenges market participants have faced – and what they will continue to focus on as the economy recovers from the pandemic.