People
Tentative decisions
Private equity has shied away from investment in energy assets in the past. But as Ian Bagshaw and Charles Jacobs, partners at Linklaters, explain, some players are now starting to show an interest
South Korea hedges its bets
Corporate hedging of energy and commodity price risk in South Korea used to be the purview of a handful of large conglomerates. But a recent change in regulation has opened up the door to a whole new tier of potential hedgers. Local banks are now teaming…
Matchmakers
Post-trade confirmation in the energy market, once slow and prone to error, is becoming increasingly efficient due to the successful rollout of trade confirmation standards. David Watkins looks at how two of the competing standards have developed
End-user forum
Energy procurement and price risk management is an increasingly vital function for energy intensive companies, from airlines and cement manufacturers to supermarket retailers. Roderick Bruce investigates the challenges facing such companies in Europe and…
Daws, Haggerty, Sants, Van Ness
CHANGING HATS
The balancing act
CDPCS
Re-evaluating valuation
Subprime mortgage woes continue to send shudders through the markets. Rising delinquencies, rating downgrades and falling prices have left investors with huge losses on CDO of ABS investments. The losses have revealed discrepancies in the valuation of…
Moving to convergence
Risk Management
The untenable robustness of hedging
Credit indexes
Dresdner makes hires in rates flow trading
Dresdner Kleinwort has added a number of staff in rates flow trading, including a new head of interest rates flow trading.
CFTC loses chief economist
James Overdahl, chief economist at the US Commodity Futures Trading Commission, has resigned to take a post at the Securities and Exchange Commission.
Nomura dissolves US structured finance research team
Nomura Securities has laid off the three remaining members in its New York-based structured finance research division and transferred two others. Among those let go was Mark Adelson, who spent six years at the firm as its head of structured finance…
Credit Suisse boosts debt-financing team in Asia
Credit Suisse has expanded its debt-financing team for Asia ex-Japan, with 12 hires in Hong Kong.