Structured products
Liquidity and good returns are key for Preservation Trust
JC Clark offers an insider's perspective on the success of his Preservation Trust
Franklin seeks approval for US fund to launch in Europe
US-registered global equity fund sets for european shores
House rules
Law firm Stephenson Harwood looks at the UK's plans for regulating hedge funds and the growth in limited liability partnerships.
European fund managers seek united voice on EU laws
LONDON – Two leading trade bodies representing European fund managers are looking at ways of providing a united voice on European Union (EU) laws and rules affecting them, including the EU’s third capital adequacy directive or Cad 3.
Banks should use Basel II delays to improve retail-lending systems
NEEDHAM, MASSACHUSSETTS - Banks should use the time gained by delays to the Basel II bank accord to plan for the replacement of systems that can’t handle the ever-increasing volume of loans to the retail sector, a report by banking technology consultants…
Deutsche launches Cristals credit index note
Deutsche Bank has launched a five-year index-linked credit note. The underlying index for the new security will be the euro corporates overall index provided by iBoxx – the credit index consortium.
European fund managers seek united voice on EU laws
Two leading trade bodies representing European fund managers are looking at ways of providing a united voice on European Union (EU) laws and rules affecting them, including the EU’s proposed third capital adequacy directive, Cad 3.
Op risk loss exercise gets good response ahead of QIS 3
BASEL, SWITZERLAND - Global banking regulators said there was a good response from banks to the operational loss data collection exercise that the regulators launched in June to help them refine the op risk aspects of the Basel II bank accord aimed at…
SG launches 'gemstone' series in Asia
AA-rated Lyxor Asset Management, the Luxembourg-based 'fund factory' of French bank SG that offers credit-enhanced management of funds, has introduced the first of its 'gemstone' series of funds in Hong Kong, called Sapphire Guaranteed Fund.
IntesaBci pulls back from credit derivatives; overhauls risk
Italy’s largest bank, IntesaBci, plans to downsize its credit derivatives business as part of a dramatic restructuring of its business.
Deutsche launches first synthetic CDO managed by Asian asset manager
Deutsche Bank has launched a $1.33 billion synthetic collateralised debt obligation (CDO) that will be managed by an Asian asset manager for the first time.
iBoxx to launch new European bond market ‘liquid indices’
IBoxx, a joint venture between seven investment banks and Deutsche Börse set up to create bond indexes, will introduce 25 ‘liquid indices’ in October. These will form the basis for exchange-traded and over-the-counter derivatives, as well as exchange…
Long expectations
Permal Investment Holdings is positioning its portfolio to go long equities when market expectations rise
Does Spanish regulation need to change before hedge funds can flourish?
A growing retired population in Spain could see the country set for the hedge fund market
White-lightning response is needed for US market
There is still fundamental value in the US market, but fund managers have to be quick of the mark to exploit the current situation
Opening up closed doors
Listed companies which invest in hedge funds is one way of targeting UK retail money
Keeping volatility low at NIB International
The portfolio holds 60% in target return funds and has exposure to long-only funds
Long/short opportunities bode well for investors
Japan may be a long way off from recovery but managers are starting to see more positive signs in the technology and manufacturing sectors