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VC funds clean up

Investment in clean energy technology is attracting new venture capital money even as the traditional investors, electric utilities, are withdrawing. In the first of a two-part series, Catherine Lacoursière investigates the latest financing trends in…

Platform for production

While a healthy flow of new oil is forecast to come on stream over the next few years, there's concern that projects will be held up by a lack of infrastructure, particularly rig availability and personnel, finds Roderick Bruce

Future imperfect

Hedging physical deals with derivatives may be active risk management, but if the physical contract is breached, it can result in unnecessary losses. Andrew Meads looks at whether the innocent party can recover these losses

Western congestion

Despite huge strides to improve power transmission efficiency in California since 2001, the region is still flagged a 'critical congestion area' by the US Department of Energy. Neil O'Hara looks at the state of play

HYBRIDS: BACK ON TRACK

The hybrid securities market has recovered from the twin setbacks of excessive volatility in the European market in the spring and a negative regulatory ruling in the US. But what have investors learnt from these hiccups? Laurence Neville reports

New dawn for India's securitisation market

India's structured finance business ground to a halt earlier this year after the introduction of the country's first securitisation guidelines. But with the changes now digested, new issuers are coming to market, says Sarfraz Thind

The great CDS debate which corner are you in?

Credit default swaps have become the instrument of choice for scores of credit investors - both for risk management and as another way to get exposure to credit. Yet there still remains a hardcore of sophisticated clients who continue to avoid CDS out of…

Take your Pik and take your chances

The issuance of payment-in-kind, or Pik, notes has grown in popularity as a means for private equity firms to fund LBOs. But investors must be aware of the unusual risks associated with this form of financing. Jean-Paul Carbonnier reports

The LDI makeover

For all the hype surrounding liability-driven investing, few UK pension funds have actually taken the plunge and implemented the technique. The London Pension Fund Authority is one notable exception. Nick Sawyer reports

Hidden dangers

Do op risk managers still care about the impact of reputational risk? Possibly not, reports Peter Madigan

Surprising success, new risks

Are HEDGE funds liable to become the next operational risk and compliance crisis? This is the question that regulators, investors and other market participants around the world are asking themselves in the wake of yet another prominent hedge fund…

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