Structured products
Knowing when the price is right
olatile markets have led to a change in risk procedures, with VaR and manager-led stop/loss strategies being favoured over automated controls
Facing the Quest
With returns of 8.22% in the past year, Collins Stewart's strict portfolio decisions are made through its own ranking system
Finding the right balance
Rebalancing hedge fund of fund portfolios for optimal performance in a treacherous bear market poses difficulties
Shariah Funds Inc introduces the first Islamic hedge fund aided by scholars
Islamic hedge fund market could be worth trillions in assets under managemenT
Tighter controls
The FSA has strict rules governing retail funds to ensure investors understand exactly what they are buying. Could such regulation stretch to non-retail funds?
A changing environment
After a difficult 2002, managers are turning to long/short strategies for success in 2003
Bottom to top
The Amex European Equity Market Neutral Fund battles with volatile and irrational markets to achieve returns of Libor plus 4% to 8%
Long-term tech gains to be had due to untapped global markets
Expansion is inevitable, according to some fund managers
Pensions should diversify into alternatives, says Watson Wyatt
asset classes like emerging debt offer opportunities
Deutsche offers first yield enhancement fund to Asian retail investors
Deutsche Bank has begun offering Singaporean retail investors access to a new Luxembourg-based yield enhancement fund. The move marks the first public offering of a structured fund under the Xavex brand, the Luxembourg-based asset managment entity of the…
Mark-it plans to offer data pricing service for structured credit
Mark-it Partners, a two-year-old company founded by senior bankers at Canada’s Toronto Dominion, is in advanced negotiations to set up a data pricing service for collateralised debt obligations (CDOs). If successful, this could become the first such…
UK FSA announces own conflict-of-interest rules for banks
Today the UK's Financial Services Authority (FSA) has released Consultation Paper 171, designed to address conflict-of-interest issues and bias in analyst recommendations.
Patriot Act Point of Pain: Reference Data
The financial industry is expected to spend more than $10 billion to comply with the Patriot Act over the next three years. And at the heart of the issue is the data.
New Market, New OMS Sales Pitch
Baring Asset Management is doing something that a lot of trade order management vendors and market analysts wish the rest of the financial world would do: after implementing a new third-party order management system to replace its older in-house system,…
Heavyweights move to tackle rising unnamed counterparty risk
Top foreign exchange banks are joining forces with central banks and industry groups to eliminate unnamed counterparty risk.
Basel II likely to boost credit markets, says Fitch
The Basel II capital Accord is likely to boost credit market funding activities, particularly for lower investment-grade companies seeking financing, according to Fitch, the credit rating agency.
Basel II likely to boost credit markets, says Fitch
The Basel II capital Accord is likely to boost credit market funding activities, particularly for lower investment-grade companies seeking financing, according to Fitch, the credit rating agency.
Hedge fund of fund investors may start using overlays
Improved risk exposure reporting by hedge funds may spark the introduction of new overlay strategies by investors increasingly concerned by bubbles of non-diversifiable risk in their portfolios.
Profile: Dresdner makes loss prevention a new priority
Operational risk management is a management programme, not just a modelling exercise, according to Jonathan Howitt, director of operational risk at investment bank Dresdner Kleinwort Wasserstein in London.