Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Product reviews by Future Value Consultants
Product reviews
Buy-side backlash
Trading costs
The repo effect
The ability of banks to use securitisation deals as collateral for repo funding from central banks has resulted in larger deals with more esoteric assets. Laurence Neville looks at how this change is affecting the securitisation market as a whole
Profile: Conrad Hewitt
The widespread belief that fair value accounting somehow contributed to the financial crisis is ill-informed - or so the SEC's chief accountant explains to Alexander Campbell
ABS collateral pools to deteriorate in 2009
Two largest rating agencies predict global economic slowdown will hit loans underlying most asset-backed securities, with consumer loans in UK, Ireland and Spain worst affected
Volatility forces iBoxx to change index rules
Wide discrepancies in prices submitted by banks meant that iBoxx indices were not accurately reflecting market values, so the index custodian has relaxed the inclusion criteria for prices
Unblocking the euro pipeline
Last month brought a huge EUR48.4 billion of new corporate bonds, more than half the total amount of supply one investment bank predicted for the whole year in the euro market. Matthew Attwood looks at the drivers of the trend, and finds that in one…
A capital offence
In believing that healthy capital reserves would enable banks to weather the credit crisis, lawmakers and banking chiefs neglected one important fact, says Suresh Sankaran of Fiserv IPS-Sendero: that robust capital adequacy ratios do very little to keep…