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Reality check

Equity hedged portfolios with a bias toward the US are popular in the market at present

IMF seeks scrutiny of insurers' credit risk

The International Monetary Fund (IMF) says greater information about insurers' financial markets activities – including credit risk transfers – is needed before their implications for financial stability can be clearly ascertained.

Banks clambering to set up FX shops in Boston

Bear Stearns and Royal Bank of Scotland are among a raft of international banks setting up forex sales desks in Boston. The banks are attempting to take advantage of the centre's established pensions and mutual funds client base, market participants told…

KWI joins national energy committee

Software provider KWI has become the latest company to join the executive committee of the National Energy Marketers Association (Nem), a trade body representing energy, telecoms and financial services marketers and consumers.

Q1 scapegoats: energy and weather

Risk’s second quarterly round-up of corporate risk disclosures provides some evidence that companies are becoming more forthcoming. But losses on hedgeable exposures, especially energy and weather, continued to plague many

Job moves

QUOTE OF THE MONTH: - “Chairman Harvey Pitt [of the US Securities and Exchange Commission] and I are in close contact, and I sometimes hope that every conversation I have with him will be the last on the single-stock futures issue” James Newsome,…

Getting the deal done

Falling equity valuations have made funding a merger or acquisition with stock difficult. Equity derivatives dealers are devising and updating hedges to ensure deals get done despite the bear market. Rob Dwyer examines the latest techniques

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