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UBS

Driving in reverse

Despite The Wall Street Journal lambasting equity-linked reverse convertibles as ‘dangerous investments’ and a chorus of bad press culminating in regulatory fines, the products continue to attract capital from the US retail sector. Joti Mangat asks how…

Betting on basis

Large offshore capital raising efforts by Australia’s banks and a relative dearth of activity in the kangaroo bond market has led to a significant widening in the cross-currency basis swap. This imbalance has created a large profit opportunity for fund…

Alternative Fund Administration Survey 2010

Changing fortunes: Competition for alternative assets is intensifying as the 2010 survey results show some ranking changes. Sophia Morrell reports on the shifting environment reflected in this year's alternative fund administration survey.

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