Feature
Aquila cuts energy staff, seeks partner
US energy company Aquila, which announced plans to wind down its energy derivatives trading book yesterday, took a large step towards doing so today by letting go 44% of its Merchant Services energy risk management workforce worldwide, including 71 of…
JP Morgan scoops Credit magazine's credit derivatives strategy research award
JP Morgan Chase has taken the top ranking in Credit magazine's credit derivatives strategy research survey, receiving almost twice as many nominations as the second ranked bank, Morgan Stanley. Credit is a sister publication to RiskNews .
Risk 2002 USA: Convergence opportunities growing
Growing product crossovers between the insurance sector and the derivatives markets have provided a range of attractive risk transfer opportunities, according to participants in a panel discussion on convergence at Risk’s 8th annual US congress in Boston…
Integrated credit risk management – are you ready?
Consolidating data across fragmented systems is crucial for integrated credit risk management – but it is not the whole story. In the first of four columns on the subject, David Rowe argues that organisational readiness is a more amorphous but equally…
Weaving an integrated solution
A treacherous credit environment and growing awareness of the danger of credit and market risk correlation have convinced financial institutions that they need to evaluate these exposures together. To get a unified view, will they need to adopt unified…
Macro finance: the bigger picture
Country risk
Taking a new career track
CDO managers
The roads to currency overlay
Forex risk
Integrating market correlation into risk-adjusted return
Hedge fund investing
Making the connection
Front-office systems
Examining market influence on credit risk
Currency correlations
S&P and LoanX to provide pricing service for illiquid leveraged loans
Rating agency Standard & Poor's and LoanX, an online pricing service for syndicated loans, plan to roll out a new service for pricing the illiquid end of the leveraged loan market by the fourth quarter. The move is important because the US Securities and…
Europe and Asia see strong growth in weather hedging – WRMA survey
Europe and Asia saw a significant rise in the number and value of weather risk derivatives contracts traded last year, with the market overall seeing a shift from pure temperature-related contracts to other forms of protection such as rain, snow and wind.
Sweden’s public pension system makes its first hedge fund investments
The $2.5 billion Seventh Swedish National Pension Fund, or "AP7", which is part of the Swedish national pension fund system, has agreed to allocate $48 million to K2 Advisors, a New York-based hedge fund of funds. K2 says it is the first hedge fund…
Finding a solution to the credit problem
Credit Risk
Proper procedures
Credit Risk
Heeding the warning signs
Credit Risk
A whole new ball game
Credit Risk
Demystifying credit risk
Credit Risk
Higher or lower?
Credit Risk
Avoiding over-exposure
Credit Risk
Insurers play catch-up
Introduction
Transparency drives FX prop trading changes
Foreign exchange proprietary traders are altering their strategies in response to increased price transparency. They are taking risk across more products, referring more to market strategy and turning to FX derivatives for speculative trading, according…