Feature
Visionary business
A new breed of traders is sweeping the market, being taught to trade across multi-markets using sophisticated software on their laptops rather than the now largely defunct trading floor
A tactical defence
Equity hedge funds SSI is preparing itself with a defensive strategy until the world economy improves
Time to sell JCBs
Fixed income International funds move into Japanese equities
An easy transition
Since moving from long-only funds, Ashley Willing has settled into his hedge fund management role at Gartmore and is currently co-manager of a long/short UK equity fund of fund vehicle for Lyxor
Ready for change
Geoff Bennett looks at the opportunities presented by Japan as well as the advantages of working from a US base
Is the US 'strong dollar' policy still in place?
Currencies Debate continues over the strength of the US dollar
Insurance is the best policy
Andrew Fielding of ASF Financial looks at the importance of investing time to assess the insurable risks of a company
Finding the right balance
Equalisation has often been a confusing aspect in the fee structure of hedge funds and although understanding has improved, it can still cause problems among investors
Icap buys out Prebon's stake in spot FX venture
Cash-rich UK inter-dealer broker Icap has bought out the 52% stake it did not already own in a spot FX joint venture with rival Prebon Yamane for £6.2 million.
Hong Kong plans to extend derivatives trading hours
The Hong Kong Exchange (HKEx) is consulting the industry on whether to extend the trading hours of Hong Kong stock-related derivatives and their underlying assets. Currently, stock options and futures contracts are traded for a total four and a half…
Operational risk: the last frontier
This month sees the publication of a position paper on operational risk by the Basel Committee on Banking Supervision. Mark Lawrence, ANZ Bank’s chief risk officer and an expert on Basel’s controversial proposals for a charge on op risk, tells us what to…
Basel II delay to add to banks’ confusion
LONDON - Confusion about operational risk is likely to increase among several major banks as a result of the 12-month postponement of the Basel II banking accord, according to Andrew Grant, London-based head of risk practice at professional services firm…
Basel acts on private equity losses
The Basel Committee on Banking Supervision has issued a proposal for determining the capital reserves for bank equity exposures. It promises to be as controversial as the other aspects of the Basel II capital Accord.
Why an Op Risk capital charge is dangerous and won’t work
The operational risk capital charge proposed under the Basel II banking accord is fundamentally flawed, and could have unintended and highly undesirable consequences, argues Karen Shaw Petrou.