Feature
Time to celebrate
Discover the leading lights in the global energy trading and risk management industry as we reveal the winners of the 2009 Energy Risk Awards
To Copenhagen via Australia
The start of Australia's much talked-about carbon trading scheme has been put back a year to 2011. Andrew Petersen and Eros Artuso at PricewaterhouseCoopers discuss the details of the proposed Carbon Pollution Reduction Scheme
The shape of shipping
The dry-bulk freight market staged a short rebound early this year following September's dramatic crash, but prices and volumes have since dropped. Katie Holliday talks to FFA market participants about their expectations for the market from here
It’s all relative
Funds based on relativevalue arbitrage strategies have performed better than most. By Richard Jackson
Russia and the EU Gas Market
Russia is the world's largest exporter of natural gas and holds the largest reserves. With Europe increasingly dependent on Russia for future gas supplies, Eric Fishhaut of GlobaView looks at Russia's influence over gas supply and demand
Forcing the issue
Given the success of portfolio standards in the US in promoting the renewables sector, the coal and nuclear industries are calling for portfolio standards of their own. Elisa Wood reports
Bridging the gap
Asia's regional commodity exchanges are expanding but the emergence of an Asian exchange champion to challenge Western platforms looks a long way off. Georgina Lee reports
Daniel Yergin
Dr Daniel Yergin, Pulitzer Prize-winning author of The Prize and chairman of Cambridge Energy Research Associates (CERA), discusses changes in the energy markets over the past 15 years with Pauline McCallion
Wind energy: oversize methodology
Operating wind farms to optimal efficiency is difficult to achieve. Andrés Cortés, Eduardo Martín and Enrique Doheijo of Deloitte discuss their method for improving the use of wind and its integration in power grids
Spark-spread option valuation
In this next article of the Masterclass series, Lacima Group focus on power trading and detail how industry practitioners typically value the flexibility of generation assets as real options while taking operating constraints into account
Interview: Stanley Fink, chief executive, International Standard Asset Management (ISAM)
Experience coupled with a big heart
Mounting concern over regulation burden
Hedge fund managers are emphasising their commitment to compliance and operational best practices as regulators and investors step up their scrutiny of the industry.
Recovery proves elusive for Russian Federation
Russia's plus points are becoming more difficult to discern amid ever darker economic storm clouds. With an economy and industrial sector mired in Soviet-era techniques, it is difficult to see the upside.
Diving into the dark: dark pools proliferate
Although volumes going through dark venues in Europe remains small, there are signs this type of trading will grow and could soon catch up to the US volume. Margie Lindsay looks at how hedge funds could use dark venues
Ninth European Performance Awards 2009
The ninth annual Hedge Funds Review European Performance Awards winners were announced at a gala black-tie dinner at the Royal Horticultural Halls, London on May 6.
Artful way to make money
Art is not generally seen as an investable asset class. For some hedge funds, however, trading art can be as profitable as any other strategy. Kris Devasabai and Stephen Quigley examine how art is being successfully traded
Summer sunshine: reassessing 2009 at the mid-way point
At mid-point 2009 the hedge funds industry is seeing a lot more than just green shoots - more like a rose garden with serious pruning issues and a tendency to grow wild.
No clear consensus emerging on star strategy performance
What strategy will be the top performer in 2009?
Replicating a winning formula proves tricky
The big question hanging over global macro is whether it can continue to outperform other strategies as it did in 2008. The majority of managers think it could still be a winner.
A steadier ship
Cautious optimism pervaded the fourth annual Structured Products Americas conference, held in May at the Biltmore Hotel in Coral Gables in Miami. Speakers and panellists seemed happy to reacquaint themselves with terms such as volatility, correlation and…
Cap it all
The European Commission published a new set of rules for hedge funds and private equity funds in April. What will new limits on leverage and capital mean for managers accustomed to operating with relative freedom? By Alexander Campbell
In search of the gold standard
Data is fundamental to enterprise risk management systems. Some banks have looked to build single, consistent central sources of information for risk analysis, but how are they tackling this task? Is this goal even achievable? By Clive Davidson
With a bang
Isda's big bang protocol has standardised the credit default swap market, giving buy-side credit firms a voice but also stripping some flexibility from the market. However, the new regime is posing some challenges for end-users. Peter Madigan reports