People
Dawnay Day Quantum appoints Alistair Hewit as Product Manager
Investment manager Dawnay Day Quantum has appointed Alistair Hewit as product manager. Hewit is responsible for the development of new structured investments and mutual funds. His role also entails managing the existing fund range.
Evolution Launches Freight Brokerage Division
Evolution Markets has launched a freight brokerage division, providing brokerage and structured transaction services to global ocean freight markets.
BNP in trading shake-up
BNP Paribas has moved its global head of interest rate and foreign exchange trading, Guillaume Amblard, to a new position as global head of fixed-income trading.
PDIG appoints new chairman
The London-based Property Derivatives Interest Group (PDIG) has appointed Nick Scarles as its new chairman.
IT is the place to be
Sara Utecht spoke with Christopher Cruden to hear all about Insch Capital's latest venture - an IT branch in Bulgaria ..
African dream
Regional Focus: Africa
Salt of the earth - Macquarie seeks, and finds, alpha returns from commodities
Macquarie has an enviable experience in the commodities and softs markets both trading and structuring products, so it was only logical it has put this to work in a hedge fund format, writes David Walker
Reflections on Asia's golden age to come
Asia in Focus
Halbis enjoys the best of both worlds
Halbis's fund offerings are as broad as they are interesting, writes David Walker
Far-sighted foresight
Stenham has got key decisions right, at the right time in the past, about the future, so David Walker asked Harry Wulfsohn about what the future now holds for the FoHF group
From alpha to beta
Michael Azlen, founder of Frontier Capital Management, explains to David Walker why he is no alpha fan
Famous five
Traders' Toolbox
Between a Rock and an easy place to move to
Country Focus: Gibraltar
Less is more
Utilities are leading the chorus for greater energy efficiency in the US. But, as David Watkins discovers, their drive to secure profits while selling less power is proving to be a major regulatory challenge
Tony Cocker
Tony Cocker, CEO of E.ON Energy Trading, is tasked with leading a new centralised European trading hub. It's a challenge he relishes, he tells Andrew Holt
Joint efforts pay off
Central banks
Rocked to the core
Comment
A unifying approach
Economic Capital
Interest rate risk of mortgage servicing rights
Dick Boswinkel and Kent Westerbeck examine the behaviour of mortgage servicing rights' duration and convexity and explain how they relate to the prepayment assumptions used in valuing MSRs
Steward's enquiry
Hermes' David Pitt-Watson gives an owner's perspective on the troubles at UK lender Northern Rock, and details the changes he believes would prevent a repeat of the credit crunch in future. Interview by Rob Mannix