Feature
Safeguarding buyout-investment IRR levels through operational change
financial engineering
Tops down as convertibles change gear?
Convertible arbitrage's comeback in 2006 was one of the year's hedge fund highlights. Those left standing after the cull of 2005 might now have some room to breathe, but what is in the air, and which way is it blowing?
Covering your credit risk
instruments - cds
MiFID - mind-bending minefield or masterful marvel?
tete à tete: mifid
Six of the best...
traders' corner
Gentlemen, start your engines...
family office luncheon snack
Asian cash holdings coaxing managers East
Chinese and Indian predominance in Asia is masking a vibrant regional economy with ever-maturing markets
Falling on deaf ears
Cover story
Editor's letter
Editorial
Going for gold
Energy and Commodity Rankings 2007: Metals
Top of the league
Energy and Commodity Rankings 2007: Energy
Wait and CDO
Profile
A new twist
CPDOs
Underlying concerns
Exchange-traded Funds
Playing hardball
Exchanges
Full spectrum
In January, Duke Energy spun off its natural gas business into a stand-alone company – Spectra Energy. David Watkins talks with Martha Wyrsch, Spectra president and chief executive, about the benefits of a pure-play firm versus an energy superstore
Phase II takes shape
Despite the EC's tough stance on Phase II national allocation plans, carbon prices are drifting downwards. The potential for legal wrangling and uncertainty over the importing of project-based credits could be to blame, reports Henrik Hasselknippe
Leading the pack
Increased investment in the steadily growing commodity derivatives markets is paying off for many new entrants, but the old guard continues to maintain the biggest piece of the pie. Oliver Holtaway reports
Beyond compliance
Operational risk for the energy sector covers everything from production to transportation. Companies are now seeking sophisticated solutions to integrate op risk into wider risk-management programmes, as Oliver Holtaway reports
Deregulation backtrack
Montana's new Public Service Commissioner Ken Toole has long been against the deregulation of electricity markets and is now pushing for re-regulation in the state. He talks with David Watkins
Calling for clarity
As a US federal carbon trading scheme begins to look increasingly likely, the current lack of a definitive regulatory framework is frustrating the forward planning of utilities and power suppliers, finds David Watkins