Feature
The great gas price divide
Natural Gas
Eyeing the pricing
Natural Gas
Profiting from gas prices
Natural Gas
Philippines SEC drafts FX reporting guidelines
PHILIPPINES - The Philippines' Securities and Exchange Commission (SEC) last week announced draft guidelines on the preparation of foreign currency-denominated financial statements for corporations in the country.
Supply and demand scenario is poor for convertible bonds
CONVERTIBLE BONDS
Fear and moaning in last stages
Introduction
Looking for the right copula
It is widely accepted that the probability of a company defaulting on its debt is linked to the value of its assets, which can be inferred (not necessarily in a unique way) from its equity price. The intellectual argument is long established, and…
A new paradigm for m&a managers
MERGER AND ACQUISITION ARBITRAGE
Emerging markets could give distressed funds a good boost
DISTRESSED SECURITIES
The debate continues...
INDICES
Vital Statistics
FIXED INCOME
Lower volatility and investor pressure ups funds’ exposure
EUROPEAN LONG/SHORT
Getting thebest deal
CAPITAL INTRODUCTION
Gold rush
COMMODITIES
On the dependence of equity and asset returns
Asset returns play an important role in credit risk modelling. Here, Roy Mashal, Marco Naldiand Assaf Zeevi investigate the co-dependence behaviour of asset returns semiparamatrically.They find that the Student-t copula outperforms the normal copula as…
Getting it together
Data consolidation is now a vital foundation to any successful risk management implementation, as Dave Rose and Stuart Cook of The Structure Group report
Farms weather power shortages
Farmers in both hemispheres are struggling to cope with heat waves and droughts while pondering the prospect of future power supply disruptions, finds Maria Kielmas
Switching off to save cash
High electricity price volatility over the European summer has raised awareness of interruptible power contracts, finds James Ockenden
Pieter Verberne
Pieter Verberne, Amsterdam PowerExchange’s (APX) chief operatingofficer, is a busy man. The Dutchexchange is finalising the technologyupgrading of its recent acquisitions, naturalgas exchange Enmo and Automated PowerExchange, both based in the UK. It is…
Breaking down the model
Brett Humphreys and Andy Dunn outline a method to help energy companies minimise potential model risk and thereby avoid costly errors in valuing deals
Survey spotlights doubts on Basel II
Industry response
Credit in context
Systems