Feature
Sidera offers two funds over next three months
Ex-orbitex sales director and iim set up hedge fund business
Regulators consider opening hedge funds up to retail investors
Hedge fund operators ready themselves for momentus operational changes to their marketing strategies
Managers face pressure to reduce fees to boost returns
JP Morgan Chase favours multi-strategy funds
It’s all in the technique
Fund manager profiles
Gold shines again
Private clients
Slow start for World Bank hedging programme
Emerging markets
Confidence is critical
OTC clearing
Regulators grow confident about Basel II calendar
Global banking regulators were expected to issue an upbeat statement in mid-July on progress with the controversial Basel II bank accord after several months of uncertainty in which some bankers doubted the accord would ever see the light of day.
Credit card capital charges will be lower under Basel II
Major banks will probably have to set aside a lot less capital as a cushion against losses from defaulting credit-card holders under the Basel II bank accord than they in effect do now, global banking supervisors said in early July.
Insurers embrace risk systems
Insurance companies have been slower than banks to adopt advanced risk modelling techniques and technologies. But regulatory changes and business exigencies are spurring them to adopt a new generation of risk and capital management systems.