Feature
Turning on tables
Basel II
The creative hedge
Equity derivatives
Genius or blunder?
As more details emerge on the rogue trading scandal that caused a EUR4.9 billion loss, Société Générale appears more a victim of risk management failures than of a genius of fraud. But is this case a one-off, or are other institutions similarly…
Confirmations in the spotlight
Back office
A matter of trust
CDO Ratings
Going the wrong way
Counterparty Credit Risk
Vanilla's the flavour
Interest rates
Subprime and punishment
Legal Risk
Merrill Lynch offers best of commodities
Merrill Lynch has launched the Merrill Lynch Protected Best Of Commodity Portfolio Certificate which is designed to offer participation in the best of three commodity portfolios, each which provide exposure to commodities comprising agricultural,…
Meteor unveils latest commodity offering
Meteor Asset Management has launched a protected commodities plan which allows investors to participate in the performance of a basket of eight equally-weighted hard and soft commodities at a rate of either 130% or 165%.
US equity options trading soared to 2.8 billion contracts in 2007,Tabb
The US equity options markets soared to 2.8 billion contracts in 2007, a 41% increase from 2006, says the Tabb Group in its Equity Options Trading 2008 report.
Peeters parts company with Morgan Stanley
Benedict Peeters has left Morgan Stanley, where he was managing director and head of retail structured products for Europe at the US investment bank. Peeters left the bank last week, for personal reasons, according to a spokesman for the bank.
BNP Paribas announces partnership with Tiberius Group
BNP Paribas has announced its partnership with Tiberius Group in order to develop a range of actively managed commodity structured products.
iShares launches two new ETFs on the London Stock Exchange
iShares, the Exchange Traded Fund (ETF) arm of Barclays Global Investors, has launched two new ETFs on the London Stock Exchange (LSE) including the first emerging markets bond fund in Europe. The ETFs were formally listed on the LSE today.
Deutsche Bank lists first ETFs tracking frontier markets
db x-trackers, the Exchange Traded Fund (ETF) arm of Deutsche Bank, has listed in London the first two ETFs tracking the frontier markets. The two funds offer exposure to the new emerging countries by tracking the FTSE Vietnam index and the S&P Select…
Man aim high with Stratum Notes
Hedge fund provider Man Investments has launched the Man AP Stratum Series 2, index notes which reference over 50 hedge funds selected by Man Global Strategies (MGS) and the futures investment scheme, the AHL Institutional Programme.
Norway tightens rules on retail structured products
Norway’s Financial Supervisory Authority (FSA) has tightened rules regarding the sale of structured products to retail investors. The revised regulations are an attempt to prevent financial institutions selling complex instruments to retail investors,…
Crédit Agricole Asset Management creates in Australia
Crédit Agricole Asset Management Group (Caam Group) has created a wholly owned subsidiary - Crédit Agricole Asset Management Australia (Caam Australia) – following the opening of a rep office in Sydney in early 2007. The group has been created to cover…
Hervouet to head commodities for BNP Paribas in Asia
Frederic Hervouet has been appointed as head of commodity investor derivatives (CID) Asia for BNP Paribas, reporting to Lionel Semonin, global head of CID. The position is a new one for the bank, reflecting the extension of the bank's business to include…
Pioneer appoints Madar for France and Benelux distribution
Pioneer Investments has named Fabian Madar as general manager of its Paris-based French operation, with responsibilities for distribution into Belgium, Luxembourg and Monaco. Madar, who will report to Sandro Pierri, region head of South Europe and Latin…
BNP Paribas appoints new strategy head for Americas equity derivatives
BNP Paribas has appointed Christian Roch as head of strategy and corporate development for equities and derivatives in the Americas, a newly-created position at the French bank. Roch will report to Todd Steinberg, who is head of equities and derivatives…
Energy efficiency
Energy efficiency is fast becoming a resource and a business in its ownright. This month’s special report takes an in-depth look at some of theadvances, challenges and opposition to this growing market
Out of Africa
Nigeria, Libya and Algeria between them produce around 7% of theworld’s oil, a figure that is only expected to grow. With global oil suppliestight, what happens in these, sometimes unstable, oil-producing countrieswill impact heavily on global oil…
Swing contracts – take it or leave it?
Gas swing contracts are well established, but it is only recently thattechniques have been developed to measure and capture the value intheir flexibility. John Breslin, Les Clewlow, Chris Strickland and Daniel vander Zee of Lacima Group discuss these…