Fixed income
Eye on Asia
Alain Papiasse took over as chief executive of corporate and investment banking at BNP Paribas in April this year. Christopher Jeffery met with him in Hong Kong to talk about the French bank's strategy in Asia
Baird steps forward
US distributor RW Baird founded its structured products business in 2007 from a standing start, building the infrastructure, compliance and educational initiatives from scratch. Sophia Morrell talks to Dayna Kleinman, the company's vice-president of…
Transition revamp
The asset transition business is undergoing a major transformation, with strong risk management and pre-trade analysis capabilities becoming an increasingly important service differentiator. How are transition managers meeting the needs of Asian clients?…
In-house System of the Year - Point, Lehman Brothers
Risk Awards 2008
Preemptive strike
The prospect of Eliot Spitzer launching a probe into fixed-income research has prompted the BMA to draw up a set of guiding principles for the industry. But some investors are questioning the motivation for such an initiative.
A bigger deal in platforms
After three years of consolidation in electronic trading, are brokers getting what they want from the players who are left and do the providers themselves know where they are going?
Open Platform - Prepare for Even More Scrutiny
As the Attorney General, the SEC and other regulators join forces to oversee the bond market, we may need to police ourselves.
Portfolio allocation to corporate bonds with correlated defaults
This article deals with the problem of optimal allocation of capital to corporate bonds in fixed income portfolios when there is the possibility ofcorrelated defaults. Under fairly general assumptions for the distribution of thetotal net assets of a set…
Tracing Transparency
Corporate bond traders are hesitantly embracing greater transparency and trying to figure out how to use it.
Margining the spread
Liquidity risk
Pricing liquidity into derivatives
Volatility