Asset management
Matching adjustment: PRA note clarifies and criticises equally
UK regulator sets out cashflow needs, but restates old concerns
Esma considering revisions to CSDR buy-in technical standards
Extra-territoriality, costs, information gaps in settlement chains are challenges
Millennium: selective price discovery mitigates illiquidity
Route orders to intermediaries willing to absorb risk, says currency manager
‘Unpleasant surprise’ casts shadow over SII adjustments
Eiopa calculations show unexpected increase in fundamental spread
Third-party cap intro opportunity as prime brokers scale back
Cap intro said to sit in PB out of evolutionary convenience, not business logic
Insurers come of age in sharing operational risk data
ORIC says it received a record number of loss event reports in H1 2014
Funds to consolidate jurisdictions after OECD tax initiative
Beps project means managers to choose key locations for activities
Book review: trend following with managed futures
Seven centuries of data shows average return of 13% with volatility of just 11%
Europe's life firms eye carry trade to ease pain of low rates
Insurers repurpose strategy used successfully by Japanese peers
How to kill a zombie - before regulators step in
What to do with funds holding illiquid assets past their original maturity date
Q&A: Aviva on op risk management, modelling, and conduct
Insurer’s head of op risk and Oric chairman promotes holistic approach
Citadel shaking up swaps competition
Chicago firm is now a top-four market-maker on US swap platforms
SunGard unveils clearing utility as FCM exit fears grow
Barclays is first client for service that promises 20% savings for FCMs
Swaps industry mulling new utility for margin compliance
Utility would run daily margin calls, using open source version of industry’s standard model
EU exit not disastrous to UK investors: Lamont
Black Wednesday chancellor says turmoil fears following UK withdrawal overblown
Capital charges no obstacle to infra investment – Montalvo
Regulator: poor risk-return the real barrier to insurers becoming more active
Operational controls caused Aviva £17.6m fine
Allocation policies and correct oversight the solution
Eurozone insurers eye CLNs as ECB easing hits bond yields
Dealers tout hybrid credit and equity-linked notes with Eurostoxx 50 exposure
Repo and securities lending face swap-style stays
Regulators and industry to meet in London on March 2
PRA letter on equity release leaves insurers puzzled
Internal structures allowed, but firms pushed towards internal models
Life in the Solvency II spotlight
Analysts will want to look beyond transitional measures
US insurers under pressure to ramp up modelling frameworks
US insurers reviewing models as regulations begin to bite
US and UK insider trading regulators diverge
Courts rein in SEC while FCA probes investors' poor safeguards
Managed futures redemptions slow in H2 2014
Strategy generated more in 2014 than last three years combined