Hubris Never Sleeps – A Review of Wall Street 2
What is the definition of insanity? Repeatedly doing the same thing but expecting different results – so goes one of the best lines of Oliver Stone’s Wall Street 2: Money Never Sleeps. I loved the fir
UCITS and Technology
UCITS IV was passed into law on 1st July and will take effect in July 2011. UCITS aims to provide fund managers with the ability to market a single fund in all the countries of the EU whilst only regi
Credit Crunch – Round two?
The recent rise in house prices must be a false dawn and is likely to be followed by another crash. From 1999 to 2007 a massive supply of credit combined with relatively low rates and a limited supply
StatPro’s Integrated Product Strategy
The Integrated Product Strategy of StatPro offers a wide range of functionality to our clients. Our existing services have been considerably updated and consolidated onto one platform – StatPro Seven.
Don’t Blame Risk Numbers for Market Crash
System working well: Send more money. Or so goes the “successful” roulette player’s apocryphal telegram home.Securities Industry News logo
Today, you might be forgiven for assuming this was a message
Liquidity Risk
Back in mid 2007, when the credit crisis first started to unleash its trail of wreckage, everyone was using risk models that focused on market risks. All these models assumed Liquidity was always avai
The Value of VaR
The financial crisis has provoked a lot of naval gazing and blame in different proportions. One of the factors that got a lot of blame was “Value at Risk” or “VaR” for short. This statistical measure
Don’t bring a knife to a gun fight
What better way to protect the investor than for them to know that pricing and valuations are supplied by a third party, independent company?
Hedged In?
The forgettably named ‘International Organisation of Securities Commissions’ or IOSCO has just released details of a new Template for gathering data on Hedge Funds from around the world with an aim to
Starting a Revolution
Today is the day StatPro launches the “Private Beta” of its new product StatPro Revolution. The product is focused at the Front Office of asset managers, i.e. fund managers, salesmen, analysts, client
Question Time
The entertaining political show where an audience gets to pose questions to a panel of politicians from different parties is normally amusing. Naturally enough these days most editions touch on the su
Shorter Still
Following my last blog on people complaining about hedge funds shorting Greek bonds, the Economist expressed exactly my sentiments (though better of course) in their leader pages. How can you sell if