'Systemic Risks in Asset Management': The financial crisis of 2007 08 has led to increased
monitoring of risks that could impair the allocation of capital and liquidity. Maximilian
Höflich draws on this as an impetus to analyze relevant types of structures and products in
asset management with regard to systemic risks and to review whether the European supervisory
regime appropriately governs such risks. From this he derives the determinants for enhancing
the macroprudential supervisory framework of European investment funds.
