All Features articles – Page 304
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Features
Building an index of indices
The chief obstacle to the institutionalisation of hedge funds is the absence of proper performance evaluation. This is conclusion of a recent report from Edhec Risk and Asset Management Research Centre, part of the Edhec Business School, based in Lille and Nice. The problem, the report says, is the lack ...
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Features
Built to fit
In the recent past, much has been written on the looming European pension crisis. In this article we will elaborate on the implications (both direct and indirect) of this crisis for the investment policy of corporate pension funds throughout Europe. A changing regulatory environment, is expected to have direct implications ...
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Features
'Pay to play' charge hits consultants
Is the pension fund consulting business afflicted by conflicts of interest even more so than the analyst-investment banker incestuous relationship? The Securities and Exchange Commission (SEC) is looking for an answer to this disturbing question: that is why last December it opened a “fact-finding mission”, a broad examination of the ...
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Features
Trading places - how to choose
Electronic trading of fixed-income securities continues to grow as the market starts to consolidate around a number of leading platforms. But while the market has rationalised to some degree, there is still a large number of platforms offering a variety of products and different types of trading. In an attempt ...
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Features
Why consider mortgages?
Totalling around $3trn in outstanding debt, the size of the US mortgage market exceeds that of both US Treasuries and corporates. Yet, for investors outside of the US, the US mortgage market can often be overlooked. It is a complex and specialised marketplace. However, with appropriate investment expertise, mortgages can ...
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Features
Explosive growth of credit products
There has been such rapid growth in the market of credit derivatives, it is surely an area that investors are looking at, if not already investing in. The market for these products began in earnest in the mid-1990s. Less than one decade later, it is expected to exceed $4trn (E6trn) ...
