Infrastructure
Lack of legal action over Mifid so far
Despite last year’s warnings from regulators saying they would punish financial institutions who had not complied with the Markets in Financial Instruments Directive (Mifid) in time for the November 1 deadline, no European Union member states or UK-based…
The benefit of insight - why distribution in Japan calls for managed accounts
Asia in Focus: Japan
Energetic algorithmics ..
Algorithmic Trading
Product reviews by Future Value Consultants
Product reviews
Less is more
Utilities are leading the chorus for greater energy efficiency in the US. But, as David Watkins discovers, their drive to secure profits while selling less power is proving to be a major regulatory challenge
The business of saying no
Rising energy prices have caused an upturn in demand response - or energy curtailment - in the last two years. Elisa Wood looks at how this is impacting power markets
Joint efforts pay off
Central banks
A unifying approach
Economic Capital
Steward's enquiry
Hermes' David Pitt-Watson gives an owner's perspective on the troubles at UK lender Northern Rock, and details the changes he believes would prevent a repeat of the credit crunch in future. Interview by Rob Mannix
Improvement in ABCP outlook sparks hopes of recovery
A pick-up in the issuance of asset-backed commercial paper is being seen as a sign that the market is near or at the bottom, although European observers remain cautious
Sweet release
Equity release
Nirvana for some
Commercial property
Profile: Matt Cairns
The senior European economist at Moodyseconomy.com, part of Moody's Analytics, talks to Matthew Attwood about the macro trends that define his business
Drying up down under
Liquidity in Australia's nascent structured credit market has suffered as a result of the subprime squeeze, leading to an inevitable bout of finger-pointing. Marion Williams reports
Column: Andrew Kasapis
Our new columnist suggests three trading strategies that might reap rewards this year
Leveraged loans: Clearing the backlog
While LBO bankers in the US are chipping away at the backlog of deals, Europe seems unable to shift its overhang. Daniel Andrews looks at how differences in the way the two markets have evolved are affecting their chances of tackling the problem
Legal spotlight
The structured credit market is facing a new paradigm as we emerge from the credit crisis. Angus Duncan and Robert Cannon look at the kind of structures we can expect to see in 2008
Talking point - Investment-grade bond covenants
Following the release of a white paper by a group of 50 buy-siders proposing an overhaul of existing covenants, we ask market participants whether investment-grade bond covenants need improving
Herd mentality
The unbridled success of the credit derivatives market over the past few years - until last summer, that is - had led large numbers of investors to adopt similar positions in the sector. Such risk concentration was always likely to cause problems if the…
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INFORMATION TECHNOLOGY