Infrastructure
Société Générale launches commodity-linked notes in Hong Kong
Société Générale has launched a three-year retail commodity-linked auto-callable note in Hong Kong. The principal-protected note will be linked to the price performance of an equally weighted basket of four commodities: West Texas Intermediate crude oil,…
Abbey launches capital guaranteed bonds
UK bank Abbey has launched four new capital guaranteed structured deposit accounts. The four products offer different rates of return depending on the link to the underlying investment and term of investment.
More trading in bond market transparency is unnecessary, says the FSA
Competition, market-driven transparency, regulation and the interaction between the cash and credit derivatives market is enough for efficient pricing and fair execution, according to a discussion paper on the UK secondary bonds markets released today by…
Abbey to launch FTSE-linked commercial property products
Abbey Financial Markets (AFM), subsidiary of Abbey National, has provided the seed capital for the new FTSEpx fund launched by MSS Capital, an asset manager in the UK. This fund was launched with the FTSE UK Commercial Property Index Series on 26 June…
Markit to supply FSA with CDS pricing
The UK Financial Services Authority (FSA) has picked Markit to supply pricing information on credit derivatives.
Why it pays to split the pot, or how to hedge your pension fund's bets
Equity Insurance Group chose Union Bancaire Privée for hedge funds, and JP Morgan for long-only, for its £500m mandate in May. Solomon Teague investigated how the deal was done
The straight-through challenge
Technology
Market View: Igniting growth in a mature market
Special report: Focus on France
Turning up the heat
Regulation
Commit to emit
Carbon Trading
In search of STP
Trading complexity, compliance issues and increasing competition are all driving companies to improve their electronic STP processes. Eric Fishhaut takes a look at some of the latest developments
Empirical electricity price modelling
Hanjie Chen and John N. Jiang discuss how system-wide load-capacity ratio and system-wide generation forced outages impact day-ahead electricity spot price and show how to incorporate these two key factors in the price modelling
Barcelona summit highlights challenges of ABS growth
Global ABS conference focuses on reporting standards in asset-backed securities market
Credit Spreads: the new horizon
Despite recent volatility in global markets and the prospect of a rising default rate, spreads in corporate debt - particularly high yield - remain tight. Credit talks to four market participants to find out where they see performance for the rest of 2006
Inflation-linked bonds catch on in Europe
Pension funds in the Netherlands are following the lead of their peers in the UK by using more inflation-linked products to achieve liability-driven investment. Alan McNee reports
Anton Simon
The head of European high yield at Putnam Investments in London explains why European high yield is still a good news story
Taiwan's CDO explosion
Since its launch in 2005, Taiwan's CDO market has been surprisingly buoyant. But with investors reaching saturation point, is the market nearing its natural limits? Hardeep Dhillon investigates
Powering up its bond markets
Russia
Emerging markets sell-off
Talkingpoint
John Ryding
The chief US fixed-income economist at Bear Stearns gives his views on the outlook for inflation, the Fed's interest rate policy in the year ahead and how asset markets will react to further rate increases. Interview by Saskia Scholtes
'Fat finger syndrome' tackled
COMPLIANCE TOOLS