Structured products
Euro managers unwilling to route directly to exchanges
german institutions least resistant to electronic trading
Satisfaction guaranteed?
There is no need to feel blinded by science when buying a product with a guarantee. The answer lies in asking the right questions
Going for gold
Pioneer Alternative Investments aims to double its assets by 2005 at the same time as investing heavily in its operational infrastructure
The next frontier
Institutional investors have largely baulked at buying into hedge funds, but research suggests a 10% to 20% allocation is appropriate
Measure by measure
How can the skill of analysts, who provide forecasts of corporate earnings, be accurately measured?
Barclays Global follows currency launch with new long/short fund
small-cap long/short fund could be available by fourth QTR
Total eclipse
A pure credit approach to Threadneedle's Crescendo Credit Fund means its returns are running to schedule
Information exploitation
The managers of Griffin Capital Management's Eastern European Value fund developed a program to make the most of their research database, resulting in 140% returns since its 1997 launch
Dividends play a crucial role
Hedge fund managers who have not kept a check on dividend levels, have missed large portions of markets' total returns
Barclays links up with Mark-it
Barclays Capital has signed up to provide global historical and current credit derivatives data to Mark-it Partners, a UK credit data company. In return, the bank will have access to Mark-it’s credit price services, including daily mark-to-market data…
iBoxx launches €500 million of notes
Bond and credit default swap index company iBoxx yesterday debuted a €500 million issue of diversified notes as the latest of its credit default swap-based products.
Commonwealth Bank of Australia issues five series of Shield CLNs
Commonwealth Bank of Australia (CBA) is issuing five series of credit-linked notes (CLNs), maturing on September 4, 2006 and referenced on a portfolio of 100 equally weighted investment-grade credits.
Basel paper outlines way forward for op risk insurers
The Basel Committee on Banking Supervision released a paper in August outlining what the insurance industry must do to design op risk transfer products, including insurance and capital markets products.
Gain Capital takes $10 million investment from Tudor
Gain Capital, the foreign exchange trading platform aimed at middle-market traders, has secured a $10 million investment from Tudor Ventures, the venture capital and private equity arm of Tudor Investment.
Trade bodies back credit rating agency reforms
Washington, DC - Several financial industry trade associations are supporting reforms to the recognition of credit rating agencies in the US.
Solving The Identity Crisis
Prudential Financial's homegrown Customer Identification Program solution answers the question behind the USA Patriot Act's Rule 326: Do you really know your customer?
The devil is in the detail, CP3 respondents tell Basel Committee
Comments on the op risk portions of the Basel Committee on Banking Supervision's third consultative paper (CP3) were supportive of the overall framework, but highly critical of specific details in the proposal.
Citi, SG and DrKW to market make iBoxx; new index launched
Citigroup, Dresdner Kleinwort Wasserstein (DrKW) and Société Générale will make markets in indexes provided by bond and credit default swap index company iBoxx. They join two existing providers, ABN Amro and Deutsche Bank, and should help improve…
Scrutiny of the bounty
Introduction
On the back foot
Market view