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Chicago's thriving hedge fund culture
The Windy City, despite its geographical distance from the main financial centres, is proving a hotbed of hedge fund action attracting portfolio managers from every international corner, says Scott Schweighauser, a partner at investment firm Harris…
Being nimble and fleet of foot...
Scotia Capital's Jim Buckley says an international profile and the ability to source and risk‑assess new market instruments are critical to good client relationships. He adds that being jack of all trades but master of none is little good for a prime…
Fund derivatives and financing
IGS Group's Michael Romanek observes a certain amount of give and take in negotiating the right fund financing
US and UK firms become allies in the fight for futures
Chicago, home to the futures exchanges, is an obvious draw for fund managers, but the partnership strategies of local players are further opening up the market, suggests Astor's Robert Stein. By Phyllis Feinberg
Beyond stock loan and margining
Merrill Lynch's Jeff Penney explains why the leading prime brokers have gone beyond talking about margin and lending, and why those such as Merrill Lynch have moved into the more elegant sphere of financial engineering for their hedge fund clients
Derivative products, but an original approach to prime broking
Andrea Angelone, head of the equity finance desk at JP Morgan's equity derivatives group (pictured, left) and Neil Taylor, executive director, equity finance, from JP Morgan explain how the prime broker specialises in derivative solutions, and what…
Northern exposure
Conference Report: Canada
Searching for common ground
Conference Report: Nordics
Steve McMillan
Steve McMillan, a pioneer and veteran of the derivatives business and the new chief executive of Imex, tells Roderick Bruce about the personal and career challenges presented by his new role
The net widens
Grid computing is ubiquitous in investment banking, yet until now the energy trading and risk management space has been slow on the uptake. This looks set to change, reports David Watkins
Operating optimally
The increase in energy trading in recent years has brought significant opportunities but also a rise in operational risk, leaving systems struggling to keep up. Barney Brown at Detica identifies some areas of operational risk deriving from both internal…
Investors go green
More and more private equity firms are entering the renewable energy space. For some firms, this means adjusting their traditional investment approach. Tom Murley of HgCapital speaks to Oliver Holtaway about the prizes and pitfalls of investing in…
Up in the air
Rising wind power prices are encouraging US producers to turn to the short-term and spot electricity markets. Increasingly sophisticated risk management techniques may follow. David Watkins reports
Full steam ahead for FFAs
The freight derivatives market has attracted an influx of new players recently thanks to the spread of clearing. With more banks and hedge funds poised to enter, Roderick Bruce looks at what opportunities the market offers and how it needs to develop next
Renewed interest
Green certificate trading is growing in Europe, as renewable power generators seek to exploit consumer demand for green energy. But market design could be improved, as Oliver Holtaway reports
Batting for British banks
PROFILE: ANGELA KNIGHT
Brown, Rosengren, Nicoll, Clayton
CHANGING HATS
The Parthenon freeze
Features
Shamieh joins AIG
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