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Even better than the real thing?
Hedge fund replication
The green question
Global carbon tradingPedro Moura-Costa, co founder of EcoSecurities, talks with Oliver Holtaway about his hopes for the future of emissions trading
Conference calling
This year's Energy Risk USA conference broke the record attendance of last year with more than 330 delegates gathering in Houston to focus on the latest issues in energy risk management. The Energy Risk team brings you some highlights
An air of uncertainty
As gasoline prices soar, the creaking US refinery system is once more under fire. Although today's healthy margins should encourage new investment, unresolved issues of green regulation appear to be curbing this. David Watkins investigates
The smart revolution
The smart grid is well on the way to becoming a reality, with some technologies already changing the economics of power supply. However, customers must be offered risk differentiated pricing for the real benefits of the smart grid to be realised, finds…
John Wengler
Entergy’s fun-loving chief risk officer talks to David Watkins about what led him into energy risk management
A cracked barrel?
Debate over the suitability of West Texas Intermediate as a benchmark crude resurfaces regularly, but recent price activity in the US oil contract – which influences the entire energy complex – is causing consternation. David Watkins reports
The CDO manager hit parade
With nearly 300 CDO managers plying their trade in today's global markets, investors are hard-pressed to decide who's top of the pops and who's a one-hit wonder. Rachel Wolcott speaks to influential investors to find out which managers they really rate
Bondholders turn up the heat in covenant battle
While 'covenant-lite' loans are grabbing headlines in the loan markets, issuers are being forced to add stronger covenant protection to get bonds away. Matthew Attwood reports
Talking point: exchange-traded credit
Talking point
John Addeo
Make the most of high-yield liquidity: it won't last for ever, says the portfolio manager at MFS Investment Management in Boston. Interview by Dalia Fahmy
Issuer focus: VTB Bank Europe
VTB Bank Europe is the European arm of Russia's second-largest bank, VTB, which raised $8 billion in May in the biggest IPO so far this year. Global head of treasury Vladimir Sokolov talks to Nikki Marmery about investor demand for Russian debt and his…
Legal spotlight: principles-based regulation
Legal Spotlight
Pimco's emerging markets team
Defending gains
June 2007
CHANGING HATS
The product drift
Features