Opinion
Lyxor: index funds may have weakened corporate governance
Rise of passive investment leaves a vacuum to be filled by hedge fund activists
Putting FVA in a cage
If banks can't standardise funding charges, accountants or regulators should step in
Firms’ twin fears of complexity and gold-plating
Industry concerned about over-engineering of regulation
O’Malia: Swap data fix requires global library
Frustrating, costly, inefficient – but swap reporting can be fixed, says Isda CEO
In-depth introduction: Clearing incentives
Price hikes at Goldman Sachs show how much pressure FCMs are under
Time to see models and shocks for what they are
Market shocks are earthquakes, not a game of roulette
Video – Asia's illiquid markets complicate CCP default process: Isda
Directional portfolios and limited diversification will hamper recovery process
EU and US position limits will hit the wrong target
Dodd-Frank and Mifid II won't stop market disorder but will penalise hedgers
Mifid II threatens dealing commissions and broker research
Ring-fenced research pots required to cut out inducements
China's clearing and reporting regimes being built bottom-up
But reported problems include disclosure of state secrets stopping US trading
Right-way risk can create a false sense of security
Counterparty correlations are no substitute for due diligence, argues Kaminski
How autocallable structured products came to dominate the retail market
Products still seen as easier sell than issuer-callables
More than words: why bank culture matters
Enforcement only part of solution to changing bank behaviour
Third-party cap intro opportunity as prime brokers scale back
Cap intro said to sit in PB out of evolutionary convenience, not business logic
Insurers come of age in sharing operational risk data
ORIC says it received a record number of loss event reports in H1 2014
Funds to consolidate jurisdictions after OECD tax initiative
Beps project means managers to choose key locations for activities
Book review: trend following with managed futures
Seven centuries of data shows average return of 13% with volatility of just 11%
How to kill a zombie - before regulators step in
What to do with funds holding illiquid assets past their original maturity date
UK power grid needs investment to keep lights on in future
Capacity crunch looms due to uncertainty and congestion, warns Genscape’s Dale
Australian corporates turn to Tarns
Dollar weakening has seen corporates reassess their FX hedging strategies
What links Schumpeter, market structure and Basel III?
Regulators are hoping higher capital levels will translate into healthier markets
Eurozone cannot survive on a diet of fudge
Greek political upheaval sets up a lose-lose confrontation for the eurozone
CCP debate needs to go beyond skin in the game
Discussion needs to move on to how to keep markets functioning in a default
Big plans for derivatives termination stays – the BoE view
Stays will extend to buy-side, repo, and securities lending, says BoE’s Gracie