Feature
Luxembourg lays down the law but listens to the launch pad
special report: luxembourg
In a different class
Market view
End of the line for mass distribution?
Cover Story
Opting for LDI
Liability-driven investment
A diversification play
Alternative Investments
An end to smoothing
Accounting
The pension counsellor
Regulations
Web-based monitoring system targets requirements for mortgage lenders
Basel II has left many mortgage providers with additional requirements for enhanced and improved tracking of credit rating structures, presenting a challenge to some traditional monitoring systems.
March 2006 - Riding the rollercoaster
US natural gas prices have proven to be susceptible to weather-related price swings. Andy Weissman looks at what a risk manager should consider when designing a price risk management program
The rise of mechanistic hedging
Utility hedging gains wider acceptance, but companies still need to work harder to eliminate pure price-view hedging, writes Leigh Parkinson of RiskAdvisory
Leading the energy software revolution
The ETRM software industry is enjoying a long-awaited boom, meaning exciting developments are in store for energy trading and risk management, writes Stella Farrington
March 2006 - Relations with Russia revisited
As Europe becomes more dependent on Russia for oil and gas supplies, it endeavours to maintain good relations with Moscow, while at the same time looking for alternative ways of securing fuel
LNG moves offshore
Offshore LNG terminals not only circumvent environmental objections, they give suppliers global arbitrage opportunities. But are they economical, asks Catherine Lacoursiere
Full steam ahead
The rising cost of shipping fuel is causing more and more shipowners and commodity merchants to consider risk management strategies, and some sophisticated marine fuel trades are taking place as a result, writes Barry Parker
The chain gang
Supply chain management is becoming more important within energy companies, making liaising between the supply chain manager and the risk manager essential in order to avoid compromising operational risk, writes Raees Lakhani
March 2006 - LNG moves offshore
Offshore LNG terminals not only circumvent environmental objections, they give suppliers global arbitrage opportunities. But are they economical, asks Catherine Lacoursiere
Valid Assumptions Required: aggregation
In the first article of this series, in which Brett Humphreys questions some of the assumptions and decisions that go into the calculation of value-at-risk, he focuses on portfolio aggregation.
March 2006 - Interconnector - UK left in the cold
As UK gas prices soared at the start of the year, market watchers struggled to explain why cheaper European gas didn't flood into the UK. But as the UK becomes a net importer of gas, these sorts of market inefficiencies will become more prominent, writes…
March 2006 - EFET Survey - Could do better
Gas transmission access systems across Europe must be improved significantly before efficient trading can take place, say gas traders in a recent poll conducted by the European Federation of Energy Traders
Recent developments in Latin American credit trading
Banks, suppliers and investors are increasingly focused on financial techniques to facilitate credit risk transfer in regional names
Mardig Haladjian
With more Islamic institutions looking for ratings, the general manager of the financial institutions group at Moody's in Cyprus explains how the agency rates these names versus conventional credits
South Africa New beginnings
Regional Focus
iBoxx inflates index offering
Inflation-Linked Bonds
Talking Point - Event risk
Single-name event risk is posing increasing challenges for bond investors. Credit asks whether idiosyncratic risk will force an underperformance in credit spreads this year