Asset management
Buy-side stress tests ‘not straightforward’ – Irish central banker
Stress tests for asset managers need to be different from those for banks, conference told
Quant jobs at risk from tech advances
But humans and 'intelligent' computers a strong combination, hedge fund managers say
Stable linear-time optimisation in arbitrage pricing theory models
Gordon Ritter proposes a stable mean-variance optimisation for APT models
China leverage clampdown to hit two-tier structured products
Product issuers look to derivatives to boost returns, but options are limited
Asset manager of the year: AllianceBernstein
AllianceBernstein reduces costly operational blunders by bringing risk to the fore
Interview: Iosco’s Andrews stresses CCP resilience and recovery
CCP resolution spells regulatory failure; guidance to follow on PFMIs and CCP stress-testing
Operational risk managers told to do less to succeed
Resist temptation to intervene often, says head of op risk at UBS Asset Management
SEC prepares Dodd-Frank buy-side stress tests
Asset manager stress tests aim to measure fund liquidity and contagion risks
Emir countdown raises cost questions for the buy side
Firms fear wider spreads, lower liquidity after May 21 frontloading date
Research uncovers new sources of financial model risk
Past performance of financial models is no guarantee of future success, two forthcoming papers suggest
The FRTB data management challenge
Sponsored forum: Asset Control
Fund industry defends use of credit lines as liquidity backstop
Concerns about systemic risk unjustified, say asset managers
Johnson-Omega performance measure
Alexander Passow presents a portfolio performance measure that combines the omega measure with Johnson distributions
Clearing fees up for 60% of swaps users due to leverage ratio
Survey of US asset managers reveals higher costs and reduced access to clearing
Independent asset managers lag bank, insurer-owned peers on op risk
Capital requirements incentivise banks and insurers to enhance op risk management
Asset managers push CFTC for more relief on position limits
Funds welcome aggregation tweaks but urge regulator to go further
Repo stay extension raises questions for buy side
Resolution stays extended to repo and securities lending contracts
Lack of average pricing holding back Clobs, says buy side
Sefs, FCMs and CCPs not interested in finding a solution, however
Mifid II threatens best execution data 'nightmare'
Buy- and sell-side critics attack requirement to publish all RFQs
Richard Jackson joins Alphadyne
Deutsche's former European flow rates head joins asset manager
Buy side held back by confusion on cross-trading swaps
CFTC's swap trading rules hamper internalisation, lawyers say
Index providers clash over evolution of multi-factor products
Battle of ideas on how best to offer new wave of smart beta exposures heats up
Banks hope for Mifid reprieve on fixed-income research
Intervention by France, Germany, UK could bring about “more considerate treatment”
Interdealer brokers need to change, say critics
“I’m just a good guy and I buy you a beer” is no longer enough