Much has changed in the fund financing/derivatives space in recent years. What began as a niche area in the late 1990s with little more than a handful of banks has grown into quite a substantial business with a present estimated nominal size of more than $700bn globally. As the hedge fund industry has grown and changed, so too the financing and derivatives on portfolios of hedge funds has evolved. In the late 1990s to early 2000s, there were five to seven primary providers in this area.
- People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
- Credit risk quants are hitting the tech gap
- Princeton tops inaugural Risk.net quant master’s ranking
- Does credit risk need an expected shortfall-style revamp?
- Quant Finance Master’s Guide 2019