Structured products
Shrinking asset swap market hits convertibles
Corporate scandals have had a negative impact on the convertible arbitrage sector
Aiming to keep risk to a bare minimum
The Bahamas-registered Hasenbichler GHS fund aims for lower volatility.
The ratings game
In part one of HFR's look at the benefits of CFOs, Standard & Poor's explains its criteria for fund of fund managers By Christopher Howley and Vivek Kapoor
Can fund databases be relied upon?
Hedge fund databases are in their infancy and this creates problems for users who are demanding up-to-date information.
Finding your way through the maze
New Star looks at the issues concerning the guaranteed products industry and examines some solutions being proposed by product providers.
Sweden strides towards a stricter hedge fund regulation regime
A government committee has been reviewing Swedish fund legislation and how the European Union's Ucits directives will be transported into Swedish law.
Reference published to aid new hedge fund managers
aima and goldman sachs produce alternatives reference manual
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.