Infrastructure
Commodities Count 2006
The recent swell in energy market participants means the battle for dominance has never been fiercer, but the increased competition means ever-more sophisticated product offerings, finds Stella Farrington
Credit - Energising credit
Traditional credit instruments can be used to mitigate credit risk in the energy sector, despite the unique risk management challenges, says Chris Coovrey
Building a future for Chinese securitisation
China's capital markets are hardly at the cutting edge of global developments: stifling state control and regulation have so far hindered the emergence of a securitisation market. But that may be set to change after landmark issues from two banks. Nadia…
Winter blues hit bond markets as investors get cold feet
Investors wary of LBO risk and shareholder-friendly activity have become more discriminating about new issuance
Market graphic - The argument for short mezz/long index
Anticipating a sharp correction to spreads over the next few years, Andrew Feldstein, senior portfolio manager at BlueMountain Capital Management, puts forward a case for a short mezzanine tranche/long index position
Securitisation market pulls together
Best Practice
Back to basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask ... Erwan Curien, head of the quantitative team at technology vendor Sophis, explains how credit default swaptions work
Credit dealers increase investment in ops
Pressure from regulators to streamline operations processing is a factor
The Godfather rule
New columnist Toby Nangle on why pension funds are playing with fire
GFI group - The 'dequity' house
Debt and equity arbitrage is a hot topic at the moment and inter-dealer broker GFI believes it has established a head start in this area by merging its debt and equity brokerage and data businesses. Saskia Scholtes talked to three senior executives from…
Understanding annuitisation
Review
The VA challenge
Variable annuities
The CPPI conundrum
Long-dated options
Avoiding squeeze
Matching liabilities
The importance of being prudent
Regulator Q&A: Florence Lustman
Estate of grace
With-profits
Commodities and energy
Introduction
Prime time
Prime brokerage
Structured credit
Introduction
Sowing the seeds
Agricultural derivatives
SPA newswire
North America