Asset management
Kairos rejects consensus trades
Concern over crowding in equity space and long US dollar
PB lobbying perceived to soften Esma on asset segregation
Surprise AIFMD provisions do not require strict AIF segregation
Expanding the benchmarked equity portfolio management paradigm
Hamza Bahaji, Stephanie Ridon and Emmanuel Bourdeix propose a tracking error driven allocation approach applicable to a broad equity universe
Eiopa cuts matching adjustment risk margin
UK insurers welcome additional capital relief
Indos: unexpected conflicts of interest emerging from AIFMD
Are depo-lite standalone administrators independent enough?
EU insurance stress tests reveal industry vulnerability to ‘Japanification’
Quarter of firms would suffer negative cashflows in prolonged low interest rate scenario
Esma proposes two options for PB asset segregation
AIFMD consultation to be followed by final report in Q2 2015
Piling on the pounds: Aviva-Friends Life reflects appetite for scale
Insurance tie-up is part of trend for firms to maximise efficiencies
Now is the time for clarity
Matching adjustment process shows how regulatory confusion might be resolved in practice
Liquid alts advocated part of hedge fund founder exit strategies
Fees lower but flow diversification raises firm valuations
Life firms set sights on asset management
Insurers are making changes to outmoded business models
FCA to probe possible conflicts in barrier options
Some buy-side firms avoid illiquid underlyings over manipulation risks
Low volatility boosts interest in coal derivatives
Trading houses and hedge funds said to be taking bigger positions
Service Provider Rankings 2014 dominated by Deutsche Bank
Malta increasingly preferred domicile in Europe
Portfolio managers' pay up 8% as capital flows back to funds
Pay packets up in 2014 as average hedge fund returns 3%
Oil price drop may prove a boon to global growth
But prices may return towards $100 range, says fund manager
Kynikos founder mocks funds' equity picks Tesla and Zillow
Chanos also takes shot at Sotheby's at Sohn conference
JP Morgan expects dispersion of hedge fund returns to increase
Historical composite data unreliable for extrapolating returns
The case for active portfolio management
Sponsored feature: Pimco
NAIC nears adoption of disputed rules on captives
Actuaries warn of non-compliance cost to end-consumers and impact on insurers
Hedge Funds Lions’ Den – the post-mortem
Lions decide how to allocate a notional $75 million
Insurance ALM from RBS – Putting risk in its place
Sponsored feature: RBS
Swiss Re resigned to G-Sii designation – Brahin
Reinsurer ready to meet additional requirements
Consultants “a one-way challenge” to funds of hedge funds
But advisers add little value, select large under-performing funds