Since the financial crisis of 2008, which has often been described as a “liquidity crisis”, liquidity risk has become a major area of focus in risk management. Many recent regulatory changes target liquidity risk and how financial service providers can protect themselves against it. This course is to provide participants with a good understanding of liquidity risk in the fund industry and how it is managed.
Course content
Liquidity Risk Management for UCITS & AIFs
Introduction and Definition
Asset Liquidity Risk
Liability Liquidity Risk
Integrating Asset and Liability Liquidity Risk
Liquidity Stress Testing
Liquidity-Management Tools
Specific AIFs aspects
Liquid Versus Illiquid Assets
Characteristics of Major AIF Strategies
AIF Life Cycles and Liquidity Risk
Risk from Other Cash Flows
Stress-Testing and Liquidity-Management Tools
Sessions
April 4, 2025 | 09:00-12:30 – 13:30-17.00 Central European Time