Risk magazine - Vol 15 / No 8
Articles in this issue
From strategy to tactics
Effective tactical use of risk management information has long been an aspiration of many organisations, but technical obstacles have stood in the way. In this third of four articles on integrated credit risk management, David Rowe argues that the…
Serving the credit funds
Hedge funds initially used default swaps for simple hedging. Now, credit arbitrage is de rigueur, and it is inspiring dealers to reassess and restructure their own businesses in response
Clearing the obstacles
Credit quality is essential to every energy firm’s success, as recent problems at Aquila and Dynegy attest. Couple this with the post-Enron threat of increased regulation for OTC energy derivatives and it is clear that the energy trading market needs…
Strategic shortcomings
A survey of 13 private banks’ risk management practices reveals some dangerous shortcomings. Lisa Kastigar of Sherwood Alliance, a Switzerland-based financial consulting firm, examines the challenges for risk managers at these institutions
Job moves
QUOTE OF THE MONTH: - “An infectious greed seemed to grip much of our business community” Alan Greenspan, on the corporate governance scandals hitting the US Source: Reuters, July 16
Volatility dealers’ conundrum
Margins on dollar-denominated swaptions and constant maturity swaps have narrowed sharply. This is great for clients, but dealers are caught in a bind. Gallagher Polyn asks why
The energy traders’ trader
Danny Masters co-founded a hedge fund to exploit the untapped potential for risk management in the energy market
Letter to the editor: Forbearance measures needed for Basel II
From Tom Wilde, director, risk management, Credit Suisse First Boston
