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Insurance

Constructing an operational event database

Michael Haubenstock of US bank Capital One outlines a framework for an event database, formulated with current US regulatory guidance on the subject in mind. The text is an abstract from The Basel Handbook, which has just been published by Risk Books.

Reporting: a better performance measure

Past performance is no guarantee of future returns. RiskMetrics' John Matwey says more and more investors will therefore inevitably demand third-party reporting of risk positions taken by hedge funds.

Japan comes of age

As the economic climate changes in the Land of the Rising Sun, hedge funds are rapidly expanding to become a high-profile investment option

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