Feature
One stop shop
The world’s biggest commodity exchanges continue to expand the range of products they offer, often into diverse commodity classes. Rachel Morison looks at the benefits and drawbacks for traders as commodity exchanges branch out beyond their traditional…
LNG buyer, beware
LNG aggregators are becoming increasingly active in LNG markets but buyers need to be aware of key issues during purchase negotiations with them, write Susan Farmer and Ben Smith of Fulbright & Jaworski
Choppy outlook
Dry freight rates begin the year at levels far below the start of 2008 on plummeting demand. Peter Norfolk at SSY discusses the outlook for 2009
To be or not to be in 2009?
Commodity hedge funds performed particularly badly last year, losing over $200 billion collectively, with 15% of energy funds now closing shop. Michael Laznicka of Gardner Finance asks whether commodity funds will reappear and recover in 2009
Managing credit risk - Escaping credit risk
Managing credit risk is now one of the most pressing issues in energy trading. Britta Berlinghof, senior credit officer at Nuon, looks at implications of the 2008 crisis, and suggests some best practices in managing credit risk
A barren landscape
The credit crunch has changed the investment landscape for major energy infrastructure projects, as companies review capex plans and finance drains away. Roderick Bruce examines the implications
Give us credit
Credit is widely seen as the biggest challenge facing energy risk managers in 2009, with many believing a radical overhaul of existing risk practices is due. Pauline McCallion investigates
CDS: US banks tighten while European banks remain stable
Credit default swap 5-year mid-levels for structured products issuers (Wednesday February 4)
Van Eck casts pre-refunded municipal bond ETF into US market
Van Eck Global, a New York-based asset manager, has released its Market Vectors Pre-Refunded Municipal Index exchange-traded fund (ETF) on NYSE Arca. The ETF is designed to replicate the performance of the Barclays Capital Municipal Pre-Refunded-Treasury…
SGAM AI launches leveraged reverse ETF in Italy
Société Générale Asset Management Alternative Investments (SGAM AI) has released an exchange-traded fund (ETF) with up to 200% leveraged, reverse exposure to the Dow Jones Euro Stoxx 50 index, enhanced by a monetary return. The SGAM ETF XBear Dow Jones…
CDS: Citi continues to widen
Credit default swap 5-year mid-levels for structured products issuers (Tuesday February 3)
Barclays unveils note as investors believe FTSE will rise
Barclays Stockbrokers has launched its FTSE 100 Defined Returns Investment Note, for investors seeking to benefit from a rise in the FTSE over a five year term. Around half of investors (48%) think the FTSE will start to recover in the next six months,…
Bossuyt, head of Islamic finance and structuring at Deutsche Bank departs
Geert Bossuyt, Deutsche Bank's head of Islamic finance and head of structuring for the Middle East and North Africa (MENA), has left the bank, along with Ricardo Honegger, head of global markets, MENA (Middle East & North Africa). Honegger will retire…
Increase in institutional users of US-listed ETFs amid market turmoil
In the first nine months of 2008, 2,457 institutional investors across the world used one or more exchange-traded funds (ETFs) listed in the US, according to Barclays Global Investors' ETF Landscape Review. The US, UK, Canada, Spain and Switzerland have…
Deutsche presents Ucits III 130/30 fund
Deutsche Bank has launched the DB Platinum IV Croci Global 130/30 fund, a Ucits III compliant fund which is designed to provide exposure to long and short equity positions on stocks from Europe, Japan and the US. The bank has raised €90 million in assets…
CDS: BoA, Barclays and Citi widen
Credit default swap 5-year mid-levels for structured products issuers (Monday February 2)
Cater Allen offers FTSE play
Cater Allen Private Banking has launched its Protected Investment Plan 1, which is designed to pay a fixed return on half the investment and offer exposure to the FTSE 100 on the other half.
Industry braces for contraction
Global Administration Round Table: Confronting a challenging environment
Barclays launches volatility ETNS after 2008 spikes
Barclays has launched two new volatility-linked exchange-traded notes (ETNs). The notes will track two indexes from the S&P 500 Vix Futures indexes series, which was launched a week ago and aims to replicate a long position in publicly traded Vix futures…
SG adds more to London-listed covered warrant and turbo selection
Société Générale listed 32 new covered warrants and 30 new turbos on the London Stock Exchange in January, a programme that included covered warrants on the Hang Seng China Enterprises Index, which tracks the overall performance of Chinese mainland…
CDS: Levels drift a little wider at last week's close
Credit default swap 5-year mid-levels for structured products issuers (Friday January 30)
Multi-strategy model struggles as investor confidence wanes
Investor confidence in multi-strategy funds is wavering. Hedge Funds Review talks to managers to find out how they think the strategy will perform in 2009.
ETFs attract more attention from hedge funds
The exchange-traded fund started life around 15 years ago. While US hedge funds have embraced the use of ETFs, European funds have been slow off the mark. That could be changing.