Feature
Integrating market correlation into risk-adjusted return
Hedge fund investing
Making the connection
Front-office systems
Examining market influence on credit risk
Currency correlations
S&P and LoanX to provide pricing service for illiquid leveraged loans
Rating agency Standard & Poor's and LoanX, an online pricing service for syndicated loans, plan to roll out a new service for pricing the illiquid end of the leveraged loan market by the fourth quarter. The move is important because the US Securities and…
Europe and Asia see strong growth in weather hedging – WRMA survey
Europe and Asia saw a significant rise in the number and value of weather risk derivatives contracts traded last year, with the market overall seeing a shift from pure temperature-related contracts to other forms of protection such as rain, snow and wind.
Sweden’s public pension system makes its first hedge fund investments
The $2.5 billion Seventh Swedish National Pension Fund, or "AP7", which is part of the Swedish national pension fund system, has agreed to allocate $48 million to K2 Advisors, a New York-based hedge fund of funds. K2 says it is the first hedge fund…
Finding a solution to the credit problem
Credit Risk
Proper procedures
Credit Risk
Heeding the warning signs
Credit Risk
A whole new ball game
Credit Risk
Demystifying credit risk
Credit Risk
Higher or lower?
Credit Risk
Avoiding over-exposure
Credit Risk
Insurers play catch-up
Introduction
Transparency drives FX prop trading changes
Foreign exchange proprietary traders are altering their strategies in response to increased price transparency. They are taking risk across more products, referring more to market strategy and turning to FX derivatives for speculative trading, according…
PCX cancels options trading system
The Pacific Exchange (PCX) last week cancelled plans to use a screen-based options trading system designed by Computershare because of regulatory and political concerns. It has no plans to replace the system.
Worth waiting for?
Just over a year on from the delayed launch of the UK’s new electricity trading arrangements, prices have dropped to new lows. But just how low can generators go, asks Joel Hanley
A cure for Enron flu
Brett Humphreys discusses recent events in the energy sector and the role risk managers can play in improving the industry
Mixed signals from the east
Flaws in Poland’s electricity regime have crippled Warsaw’s two-year-old power exchange. But Slovenia’s power exchange is faring rather better. Peter Joy reports
Utilities renegotiate to survive
For the past 10 years, Argentina’s privatised utilities have been icons of successful energy sector reform. But with the country’s deepening crisis, they face increased difficulties. What can investors do to mitigate such risks, asks Maria Kielmas
Europe’s patchwork path to liberalisation
In the three years since the European Union’s Electricity Directive came into effect much has changed in Europe’s energy industry, but the industry is still far from achieving the goal of a pan-European energy market, as Matt Horsbrugh discovers
Discovering new frontiers
Joerg Engels and Volker Linde report on the changes Germany’s deregulated energy market will have to make as a result of the country’s banking act
Guarded optimism hinges on new tools
Catastrophe bonds