Private equity
Private equity investors see savings in AI
Unigestion, Schroders using machine learning to avoid ‘obvious losers’ among private equity firms
In hunt for profitability, EU banks turn to risky assets
Exposures to high-risk items across EU banking sector hit €97.2 billion
Quants clone private equity: pale imitation or real deal?
Theory says replication can work, but investors are reluctant to give up private equity’s smoothed returns
Cultural appropriation: private equity goes quant
Machines are helping venerable shops find under-the-radar performers and factors that drive them
Deal misfires expose risk of contingent hedging
Banks hike premiums on deal contingent swaps amid Brexit uncertainty
Machine learning study identifies eight risk factors in private equity
Allocators may be unwittingly concentrating their bets in private equity funds, research suggests
Eurozone insurers’ bets on alternatives raises systemic risk
Dutch firms have more than 25% of total assets tied up in non-traditional investments
Asia moves: New CEO for BNP Paribas Cardif, GIC gets new COO, plus more
Latest job changes across industry
Asia moves: Nomura boosts Asia ex-Japan, Bank of America picks two Apac co-heads, and more
Latest job changes across industry
Asia moves: SFC names new chairman, LCH hires regional head, and more
Latest job changes across industry
Asia moves: SGCIB makes two promotions, Natixis hires three heads, and more
Latest job changes across industry
Fed plans reform of US bank ownership rules
Relaxing the definition of control would allow funds to invest without becoming BHCs themselves
Santander reaps capital benefit with close of toxic asset sale
The bank aims to have CET1 above 11% by end-2018
Law firm of the year: Cadwalader, Wickersham & Taft
Risk Awards 2018: Staff at one European bank were facing a 30–40% Volcker rule loss on their investments, until Cadwalader got involved
Covered funds seen as starting point for Volcker rule reform
Inter-agency consensus may prove more elusive on altering prop-trading definitions
Risk management for private equity funds
This paper aims to fill a gap in the literature by developing the first comprehensive risk management framework for private equity fund investments.
Private equity: Advanced modelling techniques for pricing and valuations
Content provided by IBM
Non-banks disappointed by Europe’s CRR escape hatch
Proposed alternative prudential regime still doesn’t reflect the true risks of non-banks, say critics
Model firms vie to pinpoint ‘X factor’ in private equity, property
Difficulties gathering data plague efforts to determine correlation between private and publicly traded assets
Alternative assets under administration fall – survey
But growth strong in private equity and real estate
How many ways to win in swaps?
Citadel's success – and talk of swap desk spin-offs – suggest era of greater diversity
Custody Risk European Awards 2015: Private Equity/Real Estate Fund Administrator of the Year
Sponsored feature: RBC I&TS
Revenue put options gain popularity in US power markets
Morgan Stanley seen as top dealer in emerging risk management niche
Infrastructure funds focus on de-risking energy investments
Investors see opportunities as utilities divest underperforming assets