Exact(4)
Other parts of Dodd-Frank try to temper risk in more subtle ways.
Fearing that another financial crisis is brewing, regulators and shareholders are pushing financial firms to temper risk — all of which is weighing on operations.
The financial firm has highlighted the group, which encompasses nearly 17,200 financial advisers and $1.7 trillion of client assets, as a pillar of its turnaround effort to reshape its strategy and to temper risk in the wake of the financial crisis.
"First of all, diversification alone is no longer sufficient to temper risk.
Similar(4)
Capital rules also temper risk-taking.
After reporting $3.7 billion of net inflows in the three months through June, the company recorded net outflows of $2.7 billion in the subsequent quarter, as investors tempered risk in their portfolios.
Michael Hewson, senior market analyst at CMC Markets, said: Growth concerns have also tempered risk appetite after France cut its growth forecasts for 2014, as well as announcing it would miss its deficit targets, while ECB board member Benoit Coure warned that Greece could well need two more bailouts to keep it afloat.
We tend to use cash, or short-term bonds, as a means of tempering risk.
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