Environment-Renewables
Swiss Re’s Conning to manage post 2012 fund
Conning Asset Management Limited, a fully-owned subsidiary of Swiss Re, has been appointed to manage a pioneering EUR 125 million post-2012 Carbon Credit Fund.
Orbeo makes first Phase III carbon trade on ECX
Carbon trading company Orbeo has completed the first futures trade for Phase III of the EU emissions trading scheme (EU ETS), on European Climate Exchange’s new 2013 EUA contract.
Merrill offers carbon emissions
Merrill Lynch Global Research launched the MLCX Global CO2 Emissions Index, which is based on contracts established under the European Union Emission Trading Scheme and under the Kyoto Protocol.
SG Index catapults into carbon credits
Société Générale Index (SGI) and carbon expertise firm Orbeo have launched the SGI Orbeo Carbon Credit Index, which is designed to give institutional investors, asset managers and private banks direct access to carbon.
JP Morgan announces merger with green ClimateCare
JP Morgan will acquire ClimateCare, a leading market-maker in carbon emissions reductions, in order to invest in large-scale carbon emission reductions projects and to propel the development of a liquid financial market trading in carbon emission…
ECX's CER volumes hit 10 million+ tonnes
The European Climate Exchange says volumes of its certified emissions reduction futures hit over 10 million tonnes in the first 10 days after the March 14 launch
Essent Trading - Scaling barriers
In a frank appraisal of the state of energy trading in Europe, Essent Trading CEO Paymon Aliabadi tells Roderick Bruce about Essent's attempts to overcome the issues that still confront traders, and his vision for an integrated European market
EEX - An exchange of ideas
The European Energy Exchange is positioning itself as the key trading hub for Europe's energy and emissions markets. Roderick Bruce meets Tim Greenwood, head of UK operations at EEX, and Oliver Maibaum, sales and business development director, to discuss…
Jerome Malka
Jerome Malka, managing director of SG's Orbeo, may have risen rapidly through the ranks, but he doesn't want to make a big deal of it, finds Andrew Holt
Suppliers fight for green
A shortage of green power in the US has left some states struggling to meet mandatory renewables supply targets. Long-term supply contracts could help producers build new plants, but utilities and competitive suppliers are feuding over who gets to sign…
Gloomy outlook forces credit analysts to jump ship
The credit market is losing the expertise of many leading analysts and strategists who are switching jobs in the worsening climate - at the very time when their research skills could be most needed
Column - Max Bublitz
The huge expansion of credit did little for the US economy, so what can we expect next?
What's in an index
Indices
Turbocharging ETFs
Markets
Market split over Green Exchange
The Green Exchange launched its crusade into the environmental trading markets last month, but it will have a battle on its hands to gain critical liquidity, writes Andrew Holt
Goldman goes for Green
Investment bank Goldman Sachs has joined the Green Exchange as a "founding member," the exchange announced today.
Monolines - the nuclear option
XL Capital Assurance and Financial Guaranty Insurance Company (FGIC) face legal action by three banks after cancelling insurance contracts they had written on asset-backed securities transactions.
Meteor launches product offering 10% income
Meteor Asset Management (MAM) has launched the Solar Income Plan, a five-year product based on five major UK banks: Barclays, HBOS, HSBC, Lloyds TSB and RBS. The plan offers a fixed income of 10% per year or 0.8% per month. Capital is returned in full,…