If you have several discretionary asset managers in place and you want to ensure that they work each in their area of expertise you need to coordinate their activities. Without the Financial Reporting you will not definitively know which asset managers outperform and which asset managers take on too much risk.
When do I need to have a Financial Reporting?
About the Author: Rebeka Kulcsar-Kurdi
Rebeka studied traditional art techniques at the University of Fine Arts in Budapest. Since graduation, she has been working with both big companies and small startups, as corporate and private clients. She is always keen to learn something new in the wonderfully complex field of creative design.