Research Review: Identifying key risks

Compiled by PortfolioConstruction Forum | 23 June 2011

We asked: What are the key risks your firm assesses when rating funds/products/capabilities - and why?

Lonsec's response

Risks that Lonsec considers when researching unlisted investments include:

1. Leverage – the differing volatility and liquidity characteristics of the underlying asset classes, as appropriate leverage levels are not standard across asset classes and may change under different market co...