Feature
Fair weather future
Judging from the success of the weather risk market in the Asia-Pacific region,the Chicago Mercantile Exchange couldn’t have picked a more opportune timeto launch Japanese weather futures. By Paul Lyon
The right charge
Savvy firms now accept risk is inevitable. Those that use their risk capitalefficiently outperform those that don’t. Brett Humphreys looks at alternativeinvestments to find out what the right risk-adjusted return on capital chargesmight be
Heart broker
A bitter dispute involving an employment contract, three coal brokers and a claimfor £2 million in damages has highlighted the importance of observing contractuallaw when hiring and firing. By James Ockenden
It needn't be taxing
Tax regulation
The fund of hedge funds reporting quandry
Performance reporting
keeping everybody happy
Funds of funds
Synchronised global growth drives demand for metals and energy
Specialist: energy and resources
Euro's rally proves costly while yen offers chance to go short
Foreign exchange
From cyclical booms to structural strength
Emerging markets
'Mega-deals' serve to vindicate excess money in the marketplace
Mergers and aqcuisitions
A taste of corporate risk
Profiles
The case for independent risk management committees
Corporate governance
IAS 39: the state of play
Derivatives accounting
The costly road to compliance
Sarbanes-Oxley
Index in-crowd
Fitch Ratings
Editor’s letter
CDO guide: editor’s letter
Severity of default is key
CDO guide: recovery rates
A sterling effort
exchange-traded funds
Uncovering covered bonds
Credit forum
The return of event risk
event risk
Turning the tanker
CDO guide: static versus managed CDOs