Asset management
Johnson-Omega performance measure
Alexander Passow presents a portfolio performance measure that combines the omega measure with Johnson distributions
AllianceBernstein credit aggregator tackles bond illiquidity
Internal liquidity aggregator helps cut credit trading costs
Flexibility a sticking point in buy-side resolution stay protocol
Firms want a choice of the counterparties covered, regulators are opposed
Bundesbank’s Buch slams lower capital for insurers in infrastructure
Deputy president says the use of prudential regulations to achieve economic policy objectives is “highly problematic”
Why feedback loops could tie regulators in knots
Growing awareness of endogenous risk raises difficult questions about too-big-to-fail approach
Life firms split on what risk margin means for bulk annuities
L&G predicts record volumes, but Aegon and UK's Prudential say risk-margin costs too high
Why we should all long The Big Short
Hit film will allow more people to have an informed dialogue on regulation, free markets, finance and opportunity
Daily fund liquidity needs rethinking, say asset managers
Buy-side firms sceptical about liquidity metrics, but see need for fundamental change
Volcker rule didn't dry corporate bond liquidity, research says
When banks closed prop desks, market liquidity improved, academics claim
Putting a price on long-term life insurance business
Allianz's Thomas Wilson re-examines how firms measure the value of capital-intensive products
Experts warn on simplistic approach to vendor risk
Magnitude of exposures "very difficult" to size
Insurance risk manager of the year: Standard Life
UK insurer’s risk function launched reviews of business and tech risks
Avoiding crowds: BlackRock leads push to model 'endogenous' risk
A known flaw in conventional risk models is becoming hard to ignore in current markets
Fears leveraged ETFs could amplify Japan equity swings
Huge inflows giving ETF sector outsized impact on cash markets
Clearing fees up for 60% of swaps users due to leverage ratio
Survey of US asset managers reveals higher costs and reduced access to clearing
The case for levying an Eiopa 'tax'
Chair is hopeful European Commission may address structural problem of funding regulator
Irish supervisor sees insurance pricing as prudential issue
Regulator takes hands-on approach following insurance failures
Bernardino: systemic reinsurers should get no special treatment
Eiopa chairman speaks to Risk.net on G-Siis, derivatives use and regulation of securities financing
Equity long/short inflows positive despite tough year for industry
Europe, Australasia, Far East drove long/short fund returns in 2015
Risk management for return enhancement
Lundin and Satchell present a non-linear asymmetric dependence method between two assets
FSB’s Andresen: liquidity risks were underpriced pre-crisis
Top staffer at FSB addresses liquidity, bank risk data and securities financing risks in a wide-ranging interview
'We are all at risk' from cyber, conference told
Worry of financial firms shown by increasing demand for cyber liability insurance
MetLife puts forward alternative approach to G-Sii designation
NTNI definition could be dropped from G-Sii assessment and replaced by liquidity measures, says insurer
Banks hold advantage in clearing contract talks
Buy side losing battle with prospective clearing members