Feature
Price rise = price risk
Mergers and acquisitions
Getting investors into the comfort zone
CDO equity
Operational risk and compliance
One of the attractions of working on operational risk is the variety of the subject matter that is generally categorised under that heading. Op risk covers a series of diverse risk drivers. Examples are fraud, processing issues, and legal and regulatory…
In defence of Gazprom
The Russian gas giant's recent price dispute with Ukraine has not given it the best start to the year, but the cat calls of political bullying are not deterring Gazprom's European customers, writes Oliver Holtaway
Introduction - New frontiers in credit
Rising energy prices have thrown the issue of credit into stark relief, and credit lines are being used up increasingly quickly. How should credit managers react?
Correlation - The energy price factor
Navneet Arora provides empirical evidence that significant correlations exist between the movements of commodity prices and the credit quality of firms in the energy sector
Questioning dollar cost averaging
When implementing a hedging strategy, the popular dollar cost averaging approach may sometimes be less prudent than the lump-sum method for managing energy risk, writes Tim Simard
After the storm
Last year's devastating US hurricane season hammered home the link between energy and weather. But some believe it may also hold a key to predicting this year's weather, says Todd Crawford of Weather Services International
Europe goes nuclear
Proposals to build new nuclear power plants in the Baltic states and Poland are gathering pace, finds Maria Kielmas
Commodities Count 2006
The recent swell in energy market participants means the battle for dominance has never been fiercer, but the increased competition means ever-more sophisticated product offerings, finds Stella Farrington
Credit - Energising credit
Traditional credit instruments can be used to mitigate credit risk in the energy sector, despite the unique risk management challenges, says Chris Coovrey
All aboard the e-bandwagon
Derivatives E-Trading
Building a future for Chinese securitisation
China's capital markets are hardly at the cutting edge of global developments: stifling state control and regulation have so far hindered the emergence of a securitisation market. But that may be set to change after landmark issues from two banks. Nadia…
Market graphic - The argument for short mezz/long index
Anticipating a sharp correction to spreads over the next few years, Andrew Feldstein, senior portfolio manager at BlueMountain Capital Management, puts forward a case for a short mezzanine tranche/long index position
Securitisation market pulls together
Best Practice
Talking point - The relaunch of 30-year Treasuries
February 9 marks the return of 30-year Treasuries in the US. Credit asked market participants whether this will stimulate growth in the 30-year corporate bond sector
What's happening to credit research?
The Truth About Credit Research
The lessons from Delphi's default
Default settlement
GFI group - The 'dequity' house
Debt and equity arbitrage is a hot topic at the moment and inter-dealer broker GFI believes it has established a head start in this area by merging its debt and equity brokerage and data businesses. Saskia Scholtes talked to three senior executives from…
Dealers putting more money into operations
MANAGEMENT INTELLIGENCE
Regulation driving expenditure
MANAGEMENT INTELLIGENCE
Foreign bank uproar over AML rules
FINANCIAL CRIME