NISM 19C Alternative Investment Fund Managers Exam Notes

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  • Risk Monitoring: Continuous monitoring ensures alignment with risk appetite.
  • Valuation Risk: Arises from incorrect valuation of illiquid assets.
  • Regulatory Risk: Non-compliance may lead to penalties or fund closure.
  • Counterparty Risk: Risk of default by brokers or other counterparties.
  • Fraud Risk: Mitigated through robust due diligence and audits.

NISM 19C Alternative Investment Fund Managers

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