This is a wish-fulfillment novel, with an odd twist. Sometimes a character is created to be a vehicle for the vicarious fulfilment of fantasies, and I think Sam Nola is just such a character. He is a likeable New Zealand lawyer and erstwhile aspiring author, recently divorced and making a new start in London in 2003. These are "interesting times" in London: bull markets, invasion of Iraq justified with trumped-up evidence of WMDs, bombs on public transport, and the Global Financial Crisis. Sam has landed a job as a share-trader and he is getting rich very quickly; he learns that he has a very congenial French daughter from a long-ago love affair in London, who very quickly fills the void left by the sons he left behind in New Zealand, gives him a taste of French rural life when they holiday together (that particular fantasy really appealed to me), and, very conveniently, is soon on the spot in London to continue her medical studies; he has some successes with the ladies; he becomes the lover of the wife of a an elderly and dying tycoon, the sister of a friend by whose sudden death he has come into the secret of a legacy which, when the GFC arrives, grows explosively; and, when the financial crunch comes for his employer, he just happens to be ready to step off the carousel anyway to return to his old vocation of writer. If that ain't wish fulfilment, I don't know what is!
The title "Risk" suggests that this is a novel about risk, financial obviously, but presumably also as a metaphor for personal risk. The idea isn't developed, or I'm a very obtuse reader.
What is so odd about the novel? The ending is odd. Out of the blue comes the one woman in Sam's life who could (perhaps) draw him away from his golden future with the heiress. Maybe this is the "risk" that the book is about? Is Stead presenting Sam with a choice to take back the woman from his past, foregoing a safe and rosy future? It's not even clear what Sam feels about her now, while the affection between Sam and his heiress is quite real and obvious.
My verdict: a very enjoyable novel about events which are still fresh in the memories of most of us, but with a pretentious title and a slightly bizarre twist at the end.