Volatility in fund performance coupled with allegations of unsuitability, misrepresentation, breaches in investment mandate and regulatory investigations can expose investment managers to attack. Not only are they exposed to legal action from investors, regulators and third-parties, they may also be subject to fraud perpetrated by unknown third parties or even trusted employees.
These unforeseen costs undermine the investment managers’ performance and also result in repercussions that can extend well beyond the immediate financial damage. To combat the problem, AIG recognizes the need to take a comprehensive approach towards these exposures by offering a single comprehensive product for investment managers, investment advisors and investment funds.
Investment management companies, investment funds, hedge funds and investment trusts.
The minimum premium is €2500,-