Feature
The blame game
In the first of two articles on the effect of speculative traders on energy prices, Tom Matthews of Kinder Morgan argues that speculators do not cause price volatility and outlines research he has done on the subject
CDM reaches out
European firms are now aided in meeting their climate targets by being encouraged to invest in third world emissions reductions. But, as Oliver Holtaway discovers, not everyone is optimistic that the industry will participate
Survey - Positive feedback
Energy Risk's second annual emissions survey charts the development of emissions trading in Europe since the start of the European Union Emissions Trading Scheme a year ago
Australia - High yield boosts growth
A landmark deal from Tabcorp in 2004 marked the emergence of the high-yield bond market in Australia, while the rebalancing of the UBS Composite Bond Index to include lower-rated credits is also fuelling growth, writes Alan McNee in this month's regional…
The implication of inflation
Inflation
Talking point - How to gain excess returns in a tight market
Overweighting the credit market as a whole is unlikely to reap rich rewards going into 2006, so Credit asked market participants for their tips on investment strategies
Market graphic - The outlook for volatility
Victor Consoli, head of high-yield research and corporate credit strategy at Bear Stearns in New York, explains the implications of an end to the low-volatility environment
Asian hedge funds move into credit
Hedge funds in Asia
Shift in balance of power
US High Yield
Eurohypo to automate compliance requirements
COMPLIANCE TOOLS
Congress passes Patriot Act, but only temporarily
FINANCIAL CRIME
The benefit of hindsight
INVESTMENT BANKING PRACTICE