Opinion
MCEV provided reliable company values in recent economic turmoil argues Allianz’s Tom Wilson
The emergence of market-consistent embedded value has proved challenging for insurance traditionalists, but Tom Wilson, chief risk officer of Allianz, argues that not only has it provided an accurate reflection of shareholder value in the recent volatile…
UK energy policy: time for change?
UK energy policy could be set for a shake-up next year, with a change of government looking likely, and security of supply and green issues at the fore, writes Lawrence Haar
Copenhagen: Derailed by hot air?
There is a skeleton in the Kyoto Protocol’s closet, and it has the potential to spook the Copenhagen talks, says Andreas Arvanitakis of Point Carbon
Twenty-first century supervision
Much of the regulation governing banks was developed in the last century. But it is time to stop trying to supervise twenty-first century financial institutions with twentieth century oversight tools, argues David Rowe
Innovation and imagination applied to hedge fund performance payments
How does the controversy and debate about bank bonuses affect the hedge fund industry? What will be the repercussions for remuneration in the industry, particularly the performance fee model?
Who is John Galt?
The question that permeates Ayn Rand’s legendary Atlas Shrugged has a peculiar resonance at the moment for financial services in general and for hedge funds in particular. Those unfamiliar with the cult novelist may not be aware of the significance.
Let small fires burn
The remarkable stability of the past two decades sowed the seeds of the current crisis. In future, monetary authorities will have to be more aggressive about removing the punch bowl when the party gets interesting, argues David Rowe
