News
Lions share industry wisdom
Episode two of Hedge Fund Lions’ Den has the three industry heavyweights sharing their collective knowledge, expertise and experience about starting hedge funds and what can go wrong
Delta Lloyd to lead European insurers into private debt market
€750 million collective fund to invest in loans to mid-cap corporates to be launched next year
‘Unhedgeable’ risk-free curve extrapolation method implied in Omnibus II text
Controversial Smith-Wilson technique expected to be confirmed in level 2 implementing measures
Hedge Fund Lions' Den live
The first episode of Hedge Fund Lions' Den - a six-part series following the fortunes of three emerging managers trying to convince three hedge fund lions to invest in their products
Congress could make Dodd-Frank changes in 2014, says Crapo
Democrats and Republicans finding common ground on issues including swaps push-out, says senator
SEC extends interim CDS portfolio margin rule
Buy-side firms angry about continuing margin disparity and uncertainty
Schedule slips and costs rise on rate hedge payouts
UK regulator reveals that banks will miss deadline for compensating interest rate hedge mis-selling victims
Europe looking 'dysfunctional and extreme' over Esma equivalency procedure
No guarantee of equivalence being granted to Asian clearing houses
Sefs battle with confirmations after CFTC relief expiry
A second no-action relief period that exempted Sefs from issuing confirmations expired on November 29, leaving forex traders unsure whether Sefs can handle the requirement
New FCA deadline for power and gas forwards ‘more realistic’, says industry
A decision to delay a deadline for brokers to review their classifications of physically settled gas and power forwards by two months has been welcomed by industry participants
SEC targets ‘protected’ and ‘guaranteed’ fund names
After criticising the use of the term “principal protected” in structured notes, the SEC turns to ETFs and mutual funds that promise protection from loss in their names
Retail investors may be paying tax unnecessarily
A loophole in the UK's tax rules relating to financial advisers means investors can avoid paying VAT on certain transactions, but some advisers could be charging it nevertheless
SG CIB completes longevity trade for Aegon
Deal with Dutch insurer Aegon marks French bank’s first major transaction in the longevity swap market
EC fines banks €1.7bn over benchmark rigging
Eight banks fined for participating in illegal cartels; UBS avoids €2.5 billion fine in exchange for co-operation
Footnote 513 exceeds CFTC's statutory brief: O'Malia
Failure to define a "significant or direct" threat to the US economy has brought regulatory overreach
Hedge fund interest drives Japan convertible bond issuance
Availability of asset swaps key to hedge fund demand for convertible bonds
BSE currency futures face uncertainty in 'overcrowded' market
Product launch "incomprehensible" in saturated currency futures market
Italian life insurers look to dynamic hybrids to reduce guarantees burden
Generali sets trend with innovative rebalancing mechanism
Ombudsman rejects Meteor structured product complaint
A couple invested in a Lehman Brothers-backed structured product will not be able to claim £165,000 back after the UK Financial Ombudsman Service rules it was not mis-sold by Meteor
Actuarial resource constraints hold back growth in central and eastern Europe
Lack of data and market fragmentation also challenging, say insurers
Bank of England still undecided over stress test scenarios
Fixed scenarios "could be procyclical"
More firms expect technology spending increase in 2014
Rising expectations
CFTC extends no-action relief to sole Asian Sef
Australia-based Yieldbroker can continue to service US clients while CFTC considers its Sef application.