Understanding the financial crisis:

INVESTMENT, RISK AND GOVERNANCE

The severity of the financial crisis has left academics and practitioners around the world in a state of confusion. What happened?

Many people worldwide have lost their homes, their jobs, their savings and not least their confidence in the financial sector and the laws and entities regulating it. What are the prospects for the next few years? Is new financial regulation required to combat future crises? Should banks and companies change their risk management and governance practices?

This book gives suggestions as to why the financial crisis happened. It presents thoughts, proposals and recommendations on how to avoid similar, future meltdowns in the financial sector and markets and discusses the severity of the resulting negative impact on the real economy which the world has been seeing.

Renowned industry experts, including Ingo Walter, Renée Adams, Jean Dermine, David Lando and John Hull among others, share their expertise and provide insightful reflections. The contents of this book are highly relevant for anyone who has a stake or interest in the global financial industry – not least for the understanding of the past as well as for the decisions they will have to take in the future.

'Understanding the financial crisis: Investment, risk and governance' is available from amazon.co.uk and amazon.com.

The book is the first in a series of three, published by SimCorp StrategyLab, resulting from its research programmes within the investment management industry.

The book has been reviewed by Samuel Riding, Asia Asset Management in the September 2009 volume. Download book review as pdf.