Feature
Nuclear stockpile
The US Nuclear Regulatory Commission has come under fire for not adequately monitoring the decommissioning funds of nuclear power plants. But the NRC says the criticism is unwarranted. By Paul Lyon
Op risk systems come to the fore
Operational risk came to the fore in 2003. Major software suppliers such as SunGard and SAS entered the market through partnerships with or acquisition of early entrant developers, while a number of established trading and risk management systems…
Risk manager of the year - Richard Evans, Deutsche Bank
The head of group market risk's stress-testing approach has helped transform Deutsche Bank.
Banks grab distressed UK assets
Six European banks intend to buy around 10GW of distressed UK power assets usingfinancial instruments. But their main rival, MMC, says hard cash is needed towin the UK market. By James Ockenden
Brokers look toshow their worth
Brokers are increasingly looking to provide energy price data. The choice may be wider, but are energy firms getting the credible data and analysis they need for intelligent price forecasts? Joe Marsh reports
The future of freight
The Baltic Exchange has recently shelved plans to offer freight derivatives,yet rising freight rates should aid the development of the embryonic forwardfreight agreement market. By Paul Lyon
Protection treaty
Matthew Saunders , of law firm DLA, introduces the bilateral investment treaty which, though often overlooked, can be an effective method of affording legal protection for energy investments and minimising energy project risk
Modernisingprice reporting
Recent investigations have seriously affected the voluntary reporting of energy price data. Now, the market is ready to move on. Edison Electric Institute’s Richard McMahon gives his organisation’s views on the future operation of indexes
Open for business
Introduction
Sterling economy enables funds to ride the greenback
Retail may be weak, but the strength of the UK economy and currency have caused funds to play it against the dollar
Convertibles set to exploit renewed bond issuance after disastrous 2003
Convertible managers could buy into new issues, but still face low volatility difficulties
time to cash in
Pension funds and others with cash to spare may look first at money market funds to park savings, but hedge funds are also seeing the benefits of using these vehicles
European volatility offers funds a chance to prosper
The Eurozone may be growing, but not everybody believes it. Managers, it seems, must be ready for anything
US distressed managers cross the pond in search of greener grass
Although the US still offers choice, the key is finding distress small enough not to hit the large players' screens
All change
As foreign exchange trading becomes ever more efficient, brokers are finding themselves competing for hedge fund business
by conor ringland
It's the biggest financial market in the world, it never stops, it's transparent and opportunity keeps knocking. No wonder then that hedge funds are increasingly looking to foreign exchange
Speaking the right language
Is there a need for prime brokers and those serving hedge funds to have staff in continental Europe, as regulators make their markets increasingly friendly to hedge funds?
Risk control
The debate continues between those calling for capital protection and those calling for extra leverage in hedge fund portfolios
How good is your information?
Credit investment
Sensible and efficient capital allocation for credit portfolios
Cutting edge: Capital allocation
Atlantic arbitrage
New issues
