Risk Staff
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Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
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…
Banks intensify SIV firefighting efforts
Banks are scrambling to revive flagging structured investment vehicles amid downgrades and souring market values. Is there a case to answer for the rating agencies?
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…
Offering solutions
Mortgage software company Sopra Group aims to support the industry's pan-European expansion, as Tammo van Leeuwen, head of product management at subsidiary BAI, tells Dippy Singh
Mixed reaction to central bank liquidity push
Central banks acting in concert eased liquidity troubles at the end of 2007 but a more fundamental improvement in money markets will be harder to achieve, say analysts
European buyside survey provides encouragement
A poll of investors in European asset-backed securities suggests demand will be reduced but not extinguished for the year ahead
Industry sets template for loan modifications
A framework sponsored by the US administration to soften the impact of subprime resets provides comfort for servicers and clarity for investors
Plan for the worst, says regulator
The UK Financial Services Authority has warned lenders to prepare in case the funding markets stay shut
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…
Mercurial talents
Led by oil traders Marco Dunand and Daniel Jaeggi, Mercuria Energy Group's turnover has grown fivefold in only three years. Roderick Bruce talks to Dunand, Mercuria's head of global trading, about the company's rapid expansion and its plans for 2008 and…
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 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