It’s been a long, cold stretch for mutual funds driven to make money by fighting global warming. The chill has forced a dilemma for the funds: Should they stick with the same high-minded strategy, or warm to a new approach? Investors have reason to complain. Funds focused on renewable energy have been in the cellar, [...]

The plan of action ranges from drawdown of loans to seeking additional guarantees, to even recalling some of the loans, if the situation so warrants. View full post on All Stories

The active management of credit risk has been receiving increasing regulator attention and strategic focus at many financial institutions. Regulators cite poor credit risk management at the portfolio level, weak credit standards for borrowers and counterparties, and insufficient attention to changes in economic and other circumstances affecting the capacity of borrowers and counterparties as the [...]