Life and pensions
Record wins Sunsuper mandate
UK-based specialist currency manager gets AS$350m mandate as part of multi-strategy product
FX clearing to accelerate in 2016
ForexClear's Gavin Wells sees the drive towards greater capital efficiency gathering pace
Power shifts to PBs in new credit landscape
"My utmost concern is to make sure my prime broker is happy," says ADS Securities' chief operating officer
Grand redesign
Non-bank market-makers are increasingly being viewed as serious players as they set about building customer franchises amid a wide-scale bank pull-back
Next economic crisis to come from pension funds
Unregulated pension fund industry will be a systemic concern
A view from the buy side: Calpers
Volatile markets have posed challenges for participants in the FX market across the globe. Eric Busay, portfolio manager at Calpers, talks about the Swiss franc, US dollar and regulatory change. By Farah Khalique
Morgan Stanley: inverted swap spreads will alter pension fund hedging
The inverted swap spread, where medium and long-term government bond yields exceed corresponding swap rates, is set to persist and will prompt a shift in the interest rate hedging stratagies of UK pension funds and insurers, according to US bank Morgan…
Ex-Lehman staff form action group
LONDON - A group of around 30 former Lehman Brothers employees in London have formed an action group seeking to win compensation from the collapsed US investment bank.
Solutions to rouble trouble
The rouble derivatives market developed in haste after further liberalisation of the currency in July 2006 and positive changes to the Russian Civil Code 1062, centring around the previous treatment of derivatives as gaming, in January 2007.
Small US banks free to use standardised approach
WASHINGTON, DC - The Federal Reserve has announced it will permit smaller US financial institutions to implement the standardised approach for Basel II compliance, acknowledging misgivings raised by banks over previous proposals.
US lets China off the hook
WASHINGTON, DC - The US Treasury has cleared China of manipulating its currency to gain unfair trade advantages against the US.
CLS launches NDF settlement
LONDON - ABN Amro, Credit Suisse, Fortis, HSBC and the Royal Bank of Scotland became the first settlement banks to go live with non-deliverable for-wards settlement over settlement system CLS last week.
When volatile waters grow calmer
How should one prepare for a return to more normal levels of volatility? Neil Mellor , currency strategist at The Bank of New York in London, evaluates expectations for record lows.
Pension funds at risk from currency fluctuations
LONDON – UK institutional investors are overexposed to carry trades and currency risk in their portfolios, according to research released last week. The rise in currency risk comes from greater exposure to international equity markets.
How to play gravity-defying USD/JPY
Peter Luxton, Global Markets Adviser and Shant Movsesian, Senior Options Analyst at Informa Global Markets advise taking dollar bulls into account when trading on potential weakness
Downward move for greenback is inevitable, says EPI's Bernstein
NEW YORK – US economic instability, lack of household saving and demand for dollars from Asia are just some of the reasons the greenback will continue to face an uncertain future.
Diversifying through Africa
African basket options are a good vehicle for picking up yield and diversifying away risk, says Marios Maratheftis , FX strategist at Standard Charterd Bank in London
Heading for the final USD selling opportunity
Hans-Guenther Redeker, global head of FX strategy at BNP Paribas in London, suggests a way to take advantage of the prospect of near-term dollar strength to protect against the likelihood of longer-term USD weakness.