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FX poll 2008:

FX poll 2008:

FX moves to centre stage

Securitisation is not dead

Securitisation is not dead

By Michael Heise, chief economist Allianz Group/Dresdner Bank

April 2008

Credit markets regulation: Desperate measures…




March 7

Fed increases the term auction facility (TAF) by $40 billion. TAF was first unveiled as a temporary 28-day borrowing facility for depository banks in December to avoid the stigma of using the Discount Window.

March 11

Fed creates $200 billion new lending facility for primary dealers called term securities lending facility (TSLF). This emergency measure gives brokers liquidity for 28 days rather...


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You can call these funds what you like, but they are not Shariah-compliant.

A hedge fund manager questions the legitimacy of hedge funds in Islamic finance. Still, he plans to launch – wait for it – a Shariah-compliant fund of hedge funds in the US

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