The industry has been trying to remove operational risk from hedge fund transactions by automating the process – with mixed results. Now, some hedge fund administrators are turning to alternatives. Kris...
Hedge funds and investors are keen to cut transaction costs, putting banks as well as brokers under pressure. Smaller funds are also looking at alternative broking arrangements to minimise costs
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
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With increased use of nuclear energy currently the EU’s most likely route to ensuing both security of supply and low carbon emissions, Alex Davis examines the impact such a policy could have for energy risk managers
BP’s Gulf of Mexico oil spill forces risk managers to look at long-term margin costs and soaring oil prices post-2012
A new study looking at reverse convertibles in the Dutch market, one of the most developed in the world, has concluded that plain vanilla and knock-in reverse convertible bonds are, on average, overpriced by almost 6%. Overpricing persisted for almost...
Many of our readers have requested more technical articles on liquidity. Here, we obligewith two ground-breaking papers. The first, by Robert Almgren and Neil Chriss, shows howtraders can account for both liquidity and transaction costs in a portfolio...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future