Structured products
Dynegy to buy Sithe Energies from Exelon
Dynegy is set to reduce the effect of some of its loss-making tolling and financial swap contracts, buy power plants in the northeast US and acquire a supply agreement to increase stable cashflow and service debt.
A catastrophe waiting to happen?
As climate change and geopolitical uncertainty ratchet up the risk of a single, catastrophic event, insurers are turning to catastrophe bonds to offset that risk.
Slave to the rithm
algorithmic trading
Alternative investments: asset allocation in multimanagement
asset allocation
From Russia... with gloves on
Shareholder activism in Russia has historically been a distinctly dangerous pastime, but for investors in The Hermitage Fund and its manager William Browder, it has produced returns of 990% since 1996.
Keeping a handle on the client's money
With $280bn in private clients' assets, as at 30 June 2004, HSBC Private Bank has been using hedge funds for its customers since 1989. Simon Paul, head of private wealth management at the bank, answers questions about how and why HSBC Private Bank uses…
The objective advocate
business profile
Incorporating policyholder expectations into ALM
European life insurers have recently improved their asset/liability management (ALM) skills.However, those efforts have been limited to the matching of guaranteed policyholder benefits.While bringing considerable insight, they also leave management with…
Investing in Italy
Profile
Editor’s letter
Editorial
Barclays Capital: Innovation, anticipation
Sponsored statement: Barclays Capital
Searching for freedom
Cover story
Playing Catch up
Viewpoint
Sharia-compliant structured products
Sponsored statement: BNP Paribas
Preparing for an end to deflation
Inflation-linked bonds
The day of the hybrids
Hybrid structures
Learning to live with currency normality
Risk management
Hunt for returns brings product innovation
Structured finance
Meeting the challenge of Basel II head on
Banking sector
Basel II: the global challenge
Profile
Inflated demand
Investors