The results of QIS 5 confirmed that convertible bonds bear low capital cost. A balanced-profile convertible bond portfolio with optimized convexity therefore obtains a moderate intrinsic SCR whilst benefiting from «equity» (...)
New European legal framework, offshore passports in issue, Benoit de la Chapelle-Bizot, Financial Counselor, Head of the French Government’s Economic and Finance Department, presents an update on recent regulatory developments relating to investment (...)
It is well documented that over the past two years the European and US Authorties have made numerous efforts to strengthen the regulatory and supervisory framework that apply to financial activities.
Solvency II: The conventions of the standard model and possible adverse effects
The Solvency II framework will change the way insurance companies address the investments performance in risky assets, by adding a new parameter to the traditional risk / reward tradeoff ....
Contractual OPCVM: a flexible and secure tool at the disposal of French asset managers
The french contractual OPCVM, in its configuration post october 2008 application decree, is a tool with features of interest for management companies, investors and service providers.
KBC Asset Management selects Axioma’s Risk Solutions for Equities
Axioma, a leading provider of enterprise market risk and portfolio management solutions, has entered into an agreement with KBC Asset Management (KBC), to provide Belgium’s largest investment manager with a risk management and portfolio optimization (...)
Turquoise selects QuantHouse to extend Turquoise Plato™ midpoint matching services across Europe
QuantHouse, the global provider of innovative market data services, trading and infrastructure solutions, today announced that Turquoise® has extended the QuantHouse real-time primary market data feeds to its Turquoise Plato™ midpoint matching (...)
Axioma Completes the Acquisition of ConceptONE’s Risk-Reporting Unit
Axioma reported the completion of its previously announced acquisition of the risk-reporting unit of ConceptONE, a global provider of back-office investment services. The transaction follows Axioma’s acquisition of ConceptONE’s regulatory-reporting unit in March. Terms were (...)
MST selects CACEIS as depositary for two closed-end ship funds
CACEIS will be acting as depositary for the first two mutual ship funds under the German KAGB investment act. The two closed-end funds, “MS Marguerita” and “MS Tanja”, will both be managed by “MST AIFM Eins Fondsmanager GmbH”, which is the investment management company of “MST (...)
Axioma Releases New Functionality for Multi-Asset Class Portfolio Optimization
New version of Axioma Portfolio Optimizer uses multi-asset class risk models from Axioma Risk Provides state-of-the-art construction tools for an increasingly multi-asset class investing environment