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Structured products

Legal Spotlight

CDS dealers are under pressure to come up with a market-led solution to the clearing conundrum before regulators force one on them. Peter Green and Jeremy Jennings-Mares report

Column: John Wraith

The Bank of England has yet to reveal how it intends to wind down its quantitative easing programme of buying back gilts - assuming, of course, the policy achieves its aims

Robust asset allocation under model risk

Financial investors often develop a multitude of models to explain financial securities' dynamics, none of which they can fully trust. Model risk (also referred to as ambiguity) prevents investors from using the classical framework of expected utility…

Product performance

Two products common to the UK market and one that is well-known in the US - all three with the same strike date - are the subject of this month's comparisons

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