Structured products
A plague on arbitrageurs
Cover story
Job moves
People
Technology briefs
Systems
Japan CDOs of ABS set for growth
New angles
Early days for indexes
Credit indexes
A giant step for China
Comment
Onus now on dealers to guard against currency derivatives scams
Under new rules that become effective on December 1, dealers will have to take greater responsibility for the actions of unregulated individuals that use them as counterparties in off-exchange currency derivatives transactions with investors.
BoA: single-tranche CDOs compensate well for their risks
The additional spread available from single-tranche collateralised debt obligations (CDO) – compared to other portfolio credit products - more than compensates investors for the particular risks associated with tranched products, claims Bank of America …
Getting ready for IAS
With International Accounting Standard 39 set to be implemented in Australia in January 2005, John Kidd and Jim Godsil of Deloitte Touche Tohmatsu warn that early preparation is critical.
Ready and waiting
The Australian Prudential Regulation Authority is confident that the country's financial institutions are well placed for the implementation of Basel II, and expects the four largest banks to implement the advanced IRB approach.
Hedge fund investment inflows reach $13.83 billion in Q2, says Tremont
Hedge funds received a record $13.83 billion in investment inflows at the end of the second quarter of 2003, according to research conducted by US investment adviser Tremont’s Tass Research unit.
Enter Big Brother's bigger brother
Unstructured data – such as emails and telephone conversations – is hard for a company to monitor. But Big Brother is getting cleverer.
New study underlines troubled state of op risk tech industry
A new study published by risk consulting firm Raging Torrents International concludes that vendor risk is very high in the operational risk technology area, and notes that the environment for financial institution spending on op risk vendor solutions is…
Falling volatility could lead to a reassessment of investment strategies, says Morgan Stanley
Investors may have to rethink their investment strategies if credit and equity market volatility continues to fall, according to research by Morgan Stanley.
Equity strategies lead Van Hedge Fund Index growth
Equity-oriented strategies, after benefiting from the stock market's continued gains, have posted the highest returns for July on the Van Hedge Fund Index.
Deutsche bridges private banking and forex
Deutsche Bank is seeing increased foreign exchange business from its private clients following the recent appointment of David Bee in London, Risk's sister publication FX Week reports. Bee is working with Jim Turley, global head of forex in London, and…
Does CP3 get it right?
The Basel Committee on Banking Supervision's third consultative paper raises several complex issues, not least of which is: will it work in practice?
Investors cut US hedge fund allocations by 14% in Q2, says Reuters poll
Investors cut allocations to hedge funds by 14% between April and June this year, and more than doubled investments in the safest alternative strategies, according to the LJH-Reuters poll of hedge fund managers.
US investment banks create myriad problems for Basel II
NEW YORK - As financial institutions and banking regulators settle down to the challenge of implementing Basel II, a substantial problem has emerged for US investment banks.
Getting to grips with legal risk in investment compliance
Pauline Ashall of Linklaters discusses the new compliance challenges that asset management firms are facing, and outlines the steps executives can take to mitigate legal risk.
CME and UK's Met Office to launch European weather derivatives
The Chicago Mercantile Exchange (CME), the UK's Met Office and its joint venture company, Weather Xchange Limited (weatherXchange), have unveiled plans to jointly develop global weather futures and options contracts.
MFA publishes 2003 sound practices for hedge fund managers
The Managed Funds Association (MFA), a voice for the hedge fund industry, has submitted its 2003 Sound Practices for Hedge Fund Managers to the Securities and Exchange Commission (SEC).
A capital adequacy primer
A summary of the Committee of Chief Risk Officers' (CCRO) emerging guidelines on capital adequacy, by Cinergy's Antonio Ligeralde, Kenneth Robinson of El Paso Merchant Energy and CCRO head Michael Smith.