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Curse of interesting times

We live in interesting times. The Chinese blessing (or curse) seems to be pursuing markets well into 2008. The first quarter looks set to continue its volatile and uneven performance while the US Federal Reserve still appears to have no real plan for…

Hedge funds keen to attract family office investment

Family offices with substantial assets can often be an attractive investor market for hedge funds. Dealing with these family offices, however, can be very different from coping with the typical institutional investor. Sara Utecht and Jamie Wynn-Williams…

Chasing transparency: replication may be the key

Transparency is something almost all investors into hedge funds want but which hedge funds are reluctant to provide. Phyllis Feinberg critiques a returns-based technique that could provide greater transparency for funds.

FFAs: rocking the boat?

The Baltic Dry Index (BDI) plumbed the depths in early 2008, sinking from record highs in late 2007. Some have blamed derivatives market activity for the sharp fall. Roderick Bruce casts a beady eye over the BDI and asks where prices are heading next

Waiting in the wings

The long-mooted inclusion of the aviation sector in the European Union's emissions trading scheme is finally on the radar screen. Roderick Bruce discovers whether stakeholders are ready for take off

The prepay delay

Municipal natural gas prepayment deals withered in the second half of 2007 as a result of the credit crisis. While this year has seen a trickle of new deals, greater problems may be lurking. David Watkins reports

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