Feature
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
UBS takes top metals spot
UBS has won top spot in this year's metals poll, pushing last year's winner, Barclays Capital, into second place. Goldman Sachs finishes in third position and HSBC in fourth, in a year characterised by volatile metal prices. By Mark Pengelly, with…
Compliance solutions
Compliance with regulations such as Sarbanes-Oxley and Mifid is putting an increasing burden on energy-trading firms. Roderick Bruce looks at ways of overcoming the latest regulatory hurdles
Projecting risk
Oil and gas projects have high investment stakes, so weighing up the risks and viability of a project against an existing portfolio is essential. Dan Patterson looks at some techniques
The Big Interview: Paul Mingay
The head of credit at Morley Fund Management wants to see better transparency in the bond markets - but not at any price. Interview by Nikki Marmery
Bursting point: A deflating time for US housing market
The US housing market has come down to earth with a bump, but the landing has not been as hard as many investors had feared. There are even some positives to be gleaned from the recent strong performance of mortgage-backed securities and the success of…
Corporate credit: The final frontier for central banks
Central banks are showing more interest in corporate credit. With spreads at historically tight levels, these traditionally risk-averse investors are exploring further down the credit curve in search of returns. Matthew Attwood reports on the rise of the…
Reinventing the wheel
The new wave of structured credit innovations look suspiciously like more confusing, highly leveraged versions of deals the market has seen before. Is all this reinvention in investors' best interests? Sarfraz Thind reports
Market Graphic: Credit card ABS spreads
Market Graphic
Q&A: Charles Romilly
ECU Group in London uses currency management to reduce clients' lending costs. As it starts pitching to corporates for the first time, ECU's head of corporate liability management explains how it works
New York disaster management centre opens
BUSINESS CONTINUITY
The Age of e-discovery
New regulations in the US and Europe are pushing email retention and storage up the agenda of financial services firms. Peter Madigan explores the challenges and the pitfalls of the changes for compliance teams
Test shows markets can handle a flu pandemic
BUSINESS CONTINUITY
FSA forms new crime-fighting division
FINANCIAL CRIME
Time for change
Implementation of the core principles of op risk still has a long way to go in the Asia-Pacific region. Ellen Davis reports
A better execution
In the first of a series of six articles on Mifid, Victoria Pennington seeks clarification on a number of issues swirling around the best execution debate
Regulate remittance services – World Bank
FINANCIAL CRIME
Russia opens up
Russia is moving ahead with Basel II implementation, with a new industry working group and new regulatory rules. Ellen Davis reports
Wise to the system
Software survey
Breaking up the estate
With-profits
The Fiduciary feeling
Investment management
Creating the LDI infrastructure
UK pensions
The strategic option
Practitioner profile