derivatives

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Phase out of Libor has little or no effect on structured finance transactions tied to benchmark

With Libor and other inter-bank offered rate (IBOR) benchmarks expected to end in 2021, transactions tied to them may not be impacted, according to a report by S&P Global Ratings.

Hedge fund use of leverage does not increase risk or volatility

Adding leverage to an alternative investment fund does not necessarily increase the risk, according to a study by the Alternative Investment Management Association (Aima) and CAIA Association.

MFA and Aima join forces to criticise proposed SEC rule on derivatives use by hedge funds

The Managed Funds Association (MFA) and Alternative Investment Management Association (Aima) have raised concerns over a notionally based leverage limit in registered funds, including hedge funds.

Complicated hedge fund strategies made easy with guides

Winton and Eaton Vance have teamed with the Pensions and Lifetime Savings Association to launch “Made Simple” guides for pension investors.

Collateral management becomes issue for buy-side as regulatory impact bites

Buy-side companies are being forced to rethink their strategies due to regulations that have increased the value of collateral in trading and risk management, according to a report.

Institutional investors plan to boost use of ETFs in 2016

The use of ETFs by institutional US-based investors will grow in 2016, says a study by market intelligence firm Greenwich Associates.

Collateral market changes present growing compliance challenge

Changes to the collateral market caused by regulatory changes present a growing compliance challenge for asset managers and financial firms, says a research paper.

Esma calls for changes to financial market rules and supervision

The European Securities and Markets Authority (Esma) has recommended rule changes to improve and streamline financial markets regulation and supervision and to strengthen investor protection.