Feature
A changing environment
After a difficult 2002, managers are turning to long/short strategies for success in 2003
Bottom to top
The Amex European Equity Market Neutral Fund battles with volatile and irrational markets to achieve returns of Libor plus 4% to 8%
EU merger regulation will soon fall in line with US
Limited M&A activity has lead to reduction in portfolio holdings
Capital protection structures squeeze managers' portfolios
fund of fund managers are limited by daily pricing structures
Talent spotting
With the competition growing within the markets, looking for experienced salespeople is proving difficult
A global macro renaissance is focusing on risk controls
The success of new entrants to the market will be led by their risk controls
Long-term tech gains to be had due to untapped global markets
Expansion is inevitable, according to some fund managers
Euro and US fund managers are level, says JP Morgan
89% of respondents believe the greatest risk today is deflation
Pensions should diversify into alternatives, says Watson Wyatt
asset classes like emerging debt offer opportunities
Sponsor's article > Don't count on buffers
One possible mitigator of the pro-cyclical impact of risk-sensitive capital requirements would be counter-cyclical changes in capital buffers. Empirical evidence on this issue is scarce and a new regulatory capital regime could well induce a behavioural…
Patriot Act Point of Pain: Reference Data
The financial industry is expected to spend more than $10 billion to comply with the Patriot Act over the next three years. And at the heart of the issue is the data.
New Market, New OMS Sales Pitch
Baring Asset Management is doing something that a lot of trade order management vendors and market analysts wish the rest of the financial world would do: after implementing a new third-party order management system to replace its older in-house system,…
Open Platform - Not Just An Equity Front-End
The future OMSs will include a stronger fixed income role and maybe even middle- and back-office functions like confirmations and allocations.
Banca Intesa: conquering the cultural challenges of op risk
MILAN - Much ink will be spilled over the more quantitative aspects of operational risk — modelling, data gathering, technology infrastructure, for example. But it's the cultural challenges of implementing an operational-oriented framework that risk…