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Vendors band together to build Mifid tools
40% of Directive requirements without software solution
EDF Trading builds its natural gas business in Spain
EDF Trading, the subsidiary of French utility EDF, responsible for wholesale energy market activity, has been granted a licence to trade physical natural gas in Spain and plans to start delivery of physical gas to market counterparties later this year.
Dresdner's head of global finance quits
Garrett Curran, head of Dresdner Kleinwort’s global finance group, left the bank today.
International Banking Federation appoints new chairman
Bell elected to chair IBFed
Australia commits to emissions trading – ASX to launch futures
Following yesterday’s commitment by Australian Prime Minister John Howard to a domestic emissions trading scheme before 2012, the Australian Securities Exchange (ASX) plans to launch a carbon futures market.
Bank of America promotes White to head of global markets
Bank of America has announced the promotion of Mark White to replace Mark Werner as head of global markets at its New York office.
S&P launches Sharia BRIC Index
Standard & Poor’s (S&P) has launched the S&P BRIC Shariah Index to capture the largest and most liquid stocks in Brazil, Russia, India and China that meet criteria of sharia law and that currently trade on developed market exchanges – specifically the…
The charge of the lite brigade
With 130/30 funds predicted by some to pull in $1trn in five years and attracting allocators like CalPERS, Phyllis Feinberg went to see who was offering them, and if hedge fund managers should be worried...
Home ground disadvantage
Christopher Donoho and Marc Gottridge of Lovells discuss whether US Bankruptcy Court 'avoidance' powers bring up more risks for investors in, and prime brokers to, hedge funds
All software systems are Go! as Asia and Japan get algorithmically well connected
Some Asian exchanges have been less well equipped to handle algos, writes David Walker. Now, that is all changing - to hedge funds' delight...
Unearthing value early
London's CDCapital, investing in pre-IPO commodities firms, draws its initials from those of its founder Carmel Daniele, but they may just as easily stand for 'Chinese demand ' when it comes to finding profitable exits from trades, as Carmel Daniele…
At your service
Hedge Funds Review gathered 10 of the administration industry's great and good to share their thoughts on the most pressing issues facing the industry today...
Follow the leader as EFG proves private banks is where structuring's smart money is
While structuring products may once have been the preserve of large asset management houses, private banks are starting to open their expertise in bespoke structuring to the outside world, as Rasik Ahuja, head of EFG Private Bank's active advisory, tells…
Carry on reaping the profits?
The yen carry trade was all the rage with hedge funds until, earlier this year, suddenly it wasn't. Daniel Murray from EFG Private Bank in London surveys the carry strategy and discusses whether it still has the legs to run
Built for performance
London's MPC Investors is looking at taking in at least an extra $600m for its latest European fund launch and is setting itself up as a direct destination for institutional allocators, as its CEO Peter Harrison told David Walker
Even better than the real thing?
Hedge fund replication
The green question
Global carbon tradingPedro Moura-Costa, co founder of EcoSecurities, talks with Oliver Holtaway about his hopes for the future of emissions trading
Conference calling
This year's Energy Risk USA conference broke the record attendance of last year with more than 330 delegates gathering in Houston to focus on the latest issues in energy risk management. The Energy Risk team brings you some highlights
An air of uncertainty
As gasoline prices soar, the creaking US refinery system is once more under fire. Although today's healthy margins should encourage new investment, unresolved issues of green regulation appear to be curbing this. David Watkins investigates
The smart revolution
The smart grid is well on the way to becoming a reality, with some technologies already changing the economics of power supply. However, customers must be offered risk differentiated pricing for the real benefits of the smart grid to be realised, finds…