OPERATIONAL DUE DILIGENCE
THE ONGOING EVOLUTION OF OPERATIONAL DUE DILIGENCE
An interview with Peter Sanchez, chief executive ofﬁcer of Northern Trust Hedge Fund Services
As competition for capital grows ﬁercer in the hedge fund industry, every small choice a manager
makes can mean the difference between winning a mandate or losing it to another manager. One
area investors are scrutinizing more closely is a ﬁrm’s operational side.
Peter Sanchez, chief executive ofﬁcer of Northe More
China’s economic growth in recent years has not translated into good returns for passive equity investors. But a series of major reforms to the securities and investment industries are paving the way for more active asset management in the country. More