Risk management has attracted increased attention in recent years. Many advisers have recently reevaluated, or are currently reevaluating, their organizational structures and other practices relating to risk management. In many cases, they are adopting more formal risk management practices. Fund boards also have been reevaluating their risk management oversight practices, including the structures and mandates of board committees and the format and frequency of board reports. Practices in the industry continue to evolve. .
