Asset management
BNY Mellon fails to have securities lending lawsuit dismissed
The Bank of New York Mellon has failed in its bid to dismiss a lawsuit that alleges it lost more than $1 billion by mishandling pension funds’ investments in Lehman Brothers
German insurers warn of Solvency II threat to infrastructure investment
Insurers keen to invest in real economy, finds BaFin study, but regulatory uncertainty holding them back
Asian hedge funds looks for volatility opportunities
Still waters
Permal Fixed Income Special Opportunities, managed by NWI Management
Bite-size trading
Japan continues to defy hedge fund bears
Land of rising debt
Insurers eye longevity swap market
Swap shop
The periodical problem
The periodical problem
Strong gains across several hedge fund strategies in July, reports Eurekahedge
The Eurekahedge Hedge Fund Index was positive in July. Despite the ongoing regional problems, Europe-focused managers led the gains. CTAs had a good month. Gains were seen across most other strategies.
RBC Investor Services chief sees growth opportunities following acquisition
José Placido, chief executive of the newly renamed RBC Investor Services, reveals his company's growth plans in an interview with Custody Risk
European parliament Econ chair confident on eurozone crisis resolution
Sharon Bowles, chair of the European parliament’s economic and monetary affairs committee, believes the end is in sight for the eurozone crisis. She is also positive on co-operation with US lawmakers.
Long-dated options best way to hedge tail risk, says 36 South
Investors and hedge fund managers are trying to find effective and cost-efficient ways to tackle tail risk. One way to hedge this risk is through long-dated options, because they offer convexity.
Research suggests better way to measure true alpha performance of hedge fund return profiles
Robust assessment of hedge fund performance
Smaller hedge funds face uphill struggle to increase assets under management
Daunting climate for capital raising
Catastrophe bonds could offer investors diversification in a low-yield environment
Diversifying into disasters
Investable indexes: July 2012 returns
Hedge fund strategies performed mostly positively during July. CTAs were one of the strongest performers, benefiting from the US drought and rising energy prices. Only a few strategies had declines.
Banks offer combined reinsurance and hedging solution to Japan VA providers
Following risk management failures in the financial crisis, Japanese variable annuity providers’ new VA offerings include conservative investment objectives and sophisticated hedging strategies, combined with reinsurance
Hedge fund enables insurers to capitalise on bank deleveraging
Tenax Capital fund will buy bank loans and provide debt capital to corporates