The break-up of Russia's power monopoly, RAO Unified Energy System, in July 2008 heralded a new dawn for the sector and a key point in the lengthy liberalisation process. But privatisation coincided with the economy's crash. Roderick Bruce examines the...
Gold has been a favourite with investors looking for a safe haven since last year’s turbulence began. But will this persist in 2009, or will the precious metal start to lose its shine as a hedging option? Pauline McCallion finds out
Community-level emission reduction projects are in demand as compliance buyers diversify carbon offset portfolios and corporates seek out sustainable green projects. Voluntary and compliance market methodologies and pricing are therefore becoming increasingly...
Index provider Standard & Poor's has launched the S&P Forward Interest Rate Arbitrage Index series, which is designed to provide exposure to interest-rate based investment strategies. The index series, which will comprise indexes for seven countries covering...
Source, an open architecture exchange traded product (ETP) platform created by Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley, has launched 13 ETFs and 22 ETCs (Source T-ETCs) for European investors. The platform has been created with...
Keydata, the UK structured products distributor, has launched its first autocallable structured product. The five-year plan is linked to the FTSE 100 index and has 50% soft capital protection.
The Bank of England has kicked off its repurchase scheme for sterling high grade bonds, but opinion is divided over whether the subsequent tightening of spreads is down to the government initiative or extraneous factors. Laurence Neville reports
Aluminium prices hit a seven-year low in March. Is there any bullish news for the market? Roderick Bruce finds out
Oil-hedging losses at Sri Lankan state-owned refinery Ceylon Petroleum Corporation are a lesson in the proper use of derivatives. By Joe Marsh
Oil prices have remained in the doldrums so far this year, but the market took a surprising turn as it slipped into a contango at the end of 2008 that has so far remained in place. Pauline McCallion examines its causes and speaks to analysts about their...
Ray Eyles, JP Morgan's CEO for European commodities, a 20-year market veteran, speaks to Roderick Bruce about the bank's continued expansion in commodity markets during challenging times for the banking sector
Updating ageing power transmission infrastructure with smart grid technology must be a top priority if the US is to meet growing demand while fully harnessing the potential of renewable energy. By Pauline McCallion
Volatile prices and perceived problems with WTI as a benchmark have triggered renewed calls for weekly European stock data to supplement US data. An EC directive is currently being discussed, but not everyone is in favour of this, finds Rachel Morison
The US power industry needs investment of up to $2 trillion by 2020, writes Richard McMahon of EEI. He urges dialogue between utilities and regulators to ensure effective credit policies are developed
Expropriation or forced government renegotiation is a big risk for oil companies that is likely to increase in times of lower oil prices. Randel Young and Richard Devine look at how to safeguard against the worst effects
Backed by commodity trading giant Trafigura, Galena Asset Management is launching an oil-focused energy derivatives fund to add to its existing metals and special situations funds. Roderick Bruce meets fund manager Claude Lixi to find out more
European M&A activity will shift from mega-mergers to smaller acquisitions this year and firms will start to look further afield for deals. Katie Holliday reports
Claims that the WTI price benchmark has become ineffective have led some in the oil industry to call for a new US marker for sour crude. Roderick Bruce measures industry reaction and the potential for a global sour crude benchmark
Index provider S&P, in collaboration with the Korean Exchange (KRX), has launched two indexes: the S&P/KRX Asia 100 and Exchanges indexes, which are the first since S&P and KRX announced a partnership in September last year, and are designed to underlie...
Conference Report: Spain
This year looks tough for solar power, with Spain, the largest market in 2008, capping new production. Finding private financing is harder, making clear feed-in tariff policies essential, finds Vanya Dragomanovich
Carbon capture and storage has been put forward as a viable option for keeping coal-fired power firmly on the energy agenda. Pauline McCallion finds out what stands in the way of this part of the climate change solution