Hedging
To swap is not to insure: Aaron Brown column
To swap is not to insure
Video: Special Asia report on energy risk management
Lianna Brinded sends us a special report from Hong Kong and Singapore, after speaking to several leaders from the energy and commodities market about risk management
Marrying correlation and asset allocation
Coping with correlation
Reinstatement of sugar futures will spur volumes and hedging
Experts say the removal of the ban on Indian sugar futures trading will spur volumes and is an important step towards reducing government control on its commodity futures market
CPM desks split on whether to reap windfall on hedges
The value of hedge books was hugely volatile during the crisis, forcing loan portfolio managers to think carefully about whether to monetise their gains. Those who chose not to saw windfall profits wiped out in a matter of weeks – but there’s still…
Qantas’s head of risk: hedging programme is too conservative
Qantas Airways’ head of risk believes the company could take more risks within its hedging programme
End-users rush into hedging oil prices
End-users are ploughing into hedging their oil positions, as prices remain in a tight range, says Standard Chartered Bank’s head of energy and environmental research
Power exchange to launch gas contract
New Nodal Exchange contract to increase options for power traders; anticipates future gas and renewables demand
HKMEx: China’s currency liberalisation to drive liquidity in energy and commodities
China's growth as a consumer in the energy and commodities global market could eventually sway price movements, says Hong Kong Mercantile Exchange’s Cheung
Goldman Sachs: end-users hedge oil prices now for 2011
Crude will be "the bottleneck in the system, rather than refining" says the investment bank
Low natural gas prices push producers to oil
US producers move to oil plays, 2011 natural gas hedging programmes not expected to support current production levels
Light at the end of the US gas market tunnel
Production keeps lid on prices
Aviation bears brunt of fuel price gyrations and new rules
The price volatility seen in energy markets in recent years has had a big impact on the bottom line of many airlines, both in the form of higher prices as well as hedging losses. Pauline McCallion speaks to industry participants about the outlook for…
CVA and the equivalent bond
CVA and the equivalent bond
BP’s Gulf of Mexico oil spill will not push fuel switching
Experts quash fears that tighter restrictions following BP’s Gulf of Mexico oil spill will result in oil to gas fuel switching in the US, thus pushing up gas prices
UK end-users face power and gas price volatility
Experts warn that major UK end-users may face another quarter of power and gas price volatility, indicating the necessity of a risk management programme
End-users adopt more complex hedging tools and methods
End-users’ energy and commodities hedging strategies are growing in sophistication as they adopt more complex products and non-traditional tools, says the head of RWE npower’s optimisation desk
Forward planning at M&S
Forward planning at M&S
Energy firms' hedging programmes give mixed results
Hedging programmes for oil & gas companies show widely differing outcomes according to the latest flurry of company results
NATS saves £1.7 million in hedging programme
Major end-user NATS saved £1.7 million after installing a new hedging strategy and energy risk management programme
Asia Risk 15: Mastering mismatches by using ALM risk tools
The development of domestic bond markets and longer-dated hedging instruments in Asia during the past 15 years has helped insurers to manage their duration mismatches. But there is still a long way to go. By William Rhode*
Q&A: Wayne Mitchell, head of corporate sales, npower
Model behaviour
Statoil stung by hedging derivatives losses
Norwegian oil and gas giant Statoil's results are hit by major losses on hedging derivatives in spite of a rise in profits and production
Mining companies vulnerable on lack of hedging programmes
A substantial number of mining companies refuse to have a hedging programme, leaving them vulnerable to a possible sharp drop in prices