All IPE articles in December 2012 (Magazine) – Page 2

  • Features

    German re-engineering

    December 2012 (Magazine)

    Iain Morse reviews Germany’s custody market as it experiences externally-driven transformation

  • HBS: room for improvement
    Features

    HBS: room for improvement

    December 2012 (Magazine)

    The concept of a holistic balance sheet is intellectually tempting but could be improved and it is still unclear whether it will be workable in practice, argue Jurre de Haan, Karin Janssen and Eduard Ponds

  • Features

    Shaking up high yield

    December 2012 (Magazine)

    Considering the trend to combine loans and high-yield bonds in the same products, Martin Steward finds the sub-investment grade landscape changing and new opportunities becoming apparent – especially in senior secured

  • Features

    Insurance inspiration

    December 2012 (Magazine)

    Building an internal model under Solvency II costs time and money. Cécile Sourbes asks what pension funds can learn as insurers edge towards implementing the new framework

  • Features

    I know it when I see it

    December 2012 (Magazine)

    In 1964, Justice Potter Stewart, weighing in on the possible obscenity of the film Les Amants, wrote: “I shall not attempt to define the kinds of material I understand to be embraced within that shorthand description ‘hard-core pornography’. But I know it when I see it.”

  • Opinion Pieces

    Letter from the US: Pension uncertainties

    December 2012 (Magazine)

    Social Security reform was notably absent from the 2012 US presidential campaign. 

  • Opinion Pieces

    Long Term Matters: A preventable surprise

    December 2012 (Magazine)

    The world has been hit recently by a tsunami of corporate disaster. Then came the LIBOR scandal. 

  • Features

    No panacea

    December 2012 (Magazine)

    The coming weeks are scheduled to see the publication of the European Commission’s Green Paper on long-term investing, announced by the single market commissioner Michel Barnier earlier this year.

  • Features

    Worriless provision

    December 2012 (Magazine)

    Samuel Lisse tells Nina Röhrbein about Vita Sammelstiftung’s semi-autonomous model

  • Features

    Storm-ready

    December 2012 (Magazine)

    Devastating natural phenomena are measured with two types of intensity scale. Hurricanes have the Saffir-Simpson scale for wind speed, for example, but also the Fujita scale that measures property damage. 

  • Country Report

    Switzerland: How to avoid Gloor 2.0

    December 2012 (Magazine)

    A lack of staff, organisation and control were the main factors contributing to the corruption scandal at the pension fund of the canton of Zurich (BVK), a parliamentary commission has found. Barbara Ottawa asks whether new regulation will actually help prevent future cases

  • Special Report

    Outlook 2013: Euro Scenarios: Getting prepared

    December 2012 (Magazine)

    Ben Gunnee considers the back-office and trade infrastructure implications of a country exiting the euro

  • Special Report

    Outlook 2013: Euro Scenarios:The disastrous and the unpalatable

    December 2012 (Magazine)

    Emma Du Haney offers a survey of the political landscape across the euro-zone and outlines both investment and operational risk-management priorities for the eventuality of a break-up

  • Special Report

    Outlook 2013: Euro Scenarios: Open for business

    December 2012 (Magazine)

    Lynn Strongin Dodds finds most investment managers looking favourably on European equity markets once again

  • Hedge Funds: Alpha-hunting with funds of funds
    Asset Class Reports

    Hedge Funds: Alpha-hunting with funds of funds

    December 2012 (Magazine)

    Peter Meier, Oliver Liechti and Patrick Dütsch run hundreds of FoHFs through a factor model and find those focused on trading strategies delivering the best returns and the highest alphas

  • Opinion Pieces

    Amin Rajan: 'Pension funds demand discipline, but discipline can stifle hedge funds' creativity'

    December 2012 (Magazine)

    First, the good news: assets under management in hedge funds have not only surpassed their previous peak of around $2trn (€1.6trn) reached in 2007, but they are also likely to attract another trillion dollars by 2016, according to ‘Institutional Investment in Hedge Funds’, a survey by Citi Prime Finance.

  • Country Report

    Switzerland: Happy anniversary, OAK

    December 2012 (Magazine)

    A year into its existence, response to the new Swiss supervisory body, the Oberaufsichtskommission, has been mixed. Some want it to do more, while others would like to hear as little from it as possible, writes Barbara Ottawa

  • Country Report

    Switzerland: Caution reigns supreme

    December 2012 (Magazine)

    Andreas Niedermann and Jürgen Rothmund note that Swiss institutions have not abandoned their euro hedge

  • Asset Class Reports

    Hedge Funds: Changing rules

    December 2012 (Magazine)

    Joseph Mariathasan loks at the raft of regulation coming the way of hedge funds, focusing on the pros and cons of the EU’s AIFM Directive

  • Features

    Rise of CTAs and global macro

    December 2012 (Magazine)

    Of the 59% 0f respondents to this month’s survey that do invest in hedge funds, 10 invest via funds of funds and 10 invest direct – confirming a trend to combine the two approaches to the market. One UK fund confirmed that it was moving from funds of funds to ...