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Structured products

Visionary business

A new breed of traders is sweeping the market, being taught to trade across multi-markets using sophisticated software on their laptops rather than the now largely defunct trading floor

A tactical defence

Equity hedge funds SSI is preparing itself with a defensive strategy until the world economy improves

An easy transition

Since moving from long-only funds, Ashley Willing has settled into his hedge fund management role at Gartmore and is currently co-manager of a long/short UK equity fund of fund vehicle for Lyxor

Finding the right balance

Equalisation has often been a confusing aspect in the fee structure of hedge funds and although understanding has improved, it can still cause problems among investors

Bernstein admits change of heart at ARS conference

Peter Bernstein, author of “Against the Gods”, the best-selling book on the history of risk, now says he “got the point all wrong” in the book. Bernstein, giving the keynote address at Risk magazine’s Alternative Risk Strategies 2001 conference in New…

Basel acts on private equity losses

The Basel Committee on Banking Supervision has issued a proposal for determining the capital reserves for bank equity exposures. It promises to be as controversial as the other aspects of the Basel II capital Accord.

Amex hires risk watchdog to rein in losses

American Express Financial Advisors (AEFA), seeking to rebound from losses on its high-yield bond investments that forced it to take an $826 million pretax charge in July, has hired a head of investment risk management to oversee its investment…

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