Equity markets

Beyond Universal appeal

Risk, not returns, governs the way Stenham Advisors look at managing money. And after a century in the business, who's to say they're wrong - certainly not investors, whose assets with Stenham have just passed $1billion.

What drives natural gas?

Natural gas prices in the US are at an all-time high. The Gulf Coast hurricanes and record summer heat have taken their toll, and business is feeling the effect. Studying and applying seasonality can often protect aganst the volatility of these markets,…

A matter of principal

Developing term structure models can be tricky, as unknown factors and non-observable variables can affect futures prices. But principal components analysis is useful in tackling these problems. Here, Delphine Lautier uses PCA to pin down price movements…

Top tips and dirty tricks

You don't have to be a genius to work as a quant - though it helps - but you do have to know a few tricks of the trade. So where should aspiring energy quants start? Neil Palmer offers some suggestions

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