Infrastructure
Markit opens Sydney office
London-based Markit, a provider of independent data, portfolio valuations and over-the-counter derivatives trade processing, has opened an office in Sydney, its first in Australia and third in the Asia-Pacific region.
The drive for convertibles
Hedge funds are exploring opportunities in convertible arbitrage, a trade that appeared to have gone out of fashion permanently back in 2005. With the promise of lucrative returns having put this strategy firmly back on the map, investors now need to be…
Covered Bonds rates or credit?
In these times of uncertainty for the credit markets, covered bonds have become something of a refuge for investors. Their seniority in the capital structure and close relationship to Bunds have led some in the market to treat them as a proxy for rates…
Q&A - Ali Pichvai
The managing director of trading technology provider Quod Financial talks about multi-asset trading and how this technique can benefit both buy and sell sides
Markit Group buys up confirmations service
The UK-based market data firm will go head to head with existing credit derivatives confirmations platforms after its integration of SwapsWire's business
The Big Interview - Moody's
Brian Clarkson and Frederick Drevon from under-fire rating agency Moody's talk to Credit about what areas of their business they intend to tighten up and what effect the liquidity crisis may have on the broader market
Markit adds AJ tranche to CMBX indexes
London-based data provider Markit added a new tranche, the AJ tranche, to the off-the-run Markit CMBX indices on January 4.
Q4 writedown estimates raised for Citi, Merrill and JP Morgan
Citi, Merrill Lynch and JP Morgan could see writedowns totalling $33.6 billion relating to collateralised debt obligations (CDOs) over the fourth quarter, according to a report by Goldman Sachs on American firms, published on December 26.
Cool-headed and anything but distressed
David Walker met Mellon Global Alternative Investments' directors Derek Stewart and Scott MacDonald to find out how they coped last year and their plan for 2008
Asset valuation in hedge funds
Valuation
Taking the risk out of pension planning
David Walker spoke to Dawid Konotey-Ahulu and Robert Gardner, founders of Redington Partners, to find out how they aim to do just that ..
The right moves
Staffing
The globalisation of gas
Change could be afoot for the US natural gas market as US imports of LNG grow. Neil O’Hara looks at the short- to medium-term price drivers for US natural gas
Transmission possible?
US grid operators are hoping that a new stance on transmission planning will act as a hedge against an uncertain energy future. Yet such a strategy comes with its own challenges, writes Elisa Wood
The year ahead
From widespread house price falls and increases in foreclosures, to funding innovations and alterations in regulation, 2008 will be a year of unprecedented change and adjustment for mortgage banks. Mortgage Risk, together with a select panel of leading…
Plan for the worst, says regulator
The UK Financial Services Authority has warned lenders to prepare in case the funding markets stay shut
Storms brewing
Litigation
Market making put to the test
Covered Bonds
Forget moral hazard
Interview
Protecting commercial real estate portfolios
Commercial property