Bank reorganization: UniCredit/HVB defines its model

The future for UniCredit and HVB’s merged operations in central and eastern Europe has been determined, with HVB’s subsidiary, Bank Austria Creditanstalt, set to become the sub-holding company for CEE operations within the UniCredit group.

Project finance: Abu Dhabi taps its own funds

Although the oil-rich emirate does not need other people’s money to finance big-ticket projects, it has shown an increasing appetite for project finance, reports Mark Ford in Abu Dhabi.

Best practice: Disclose and explain

A CULTURE OF TRANSPARENCY What information do fund managers need to disclose to their clients about how their portfolios are managed? CFA's John Barrass reports on an issue troubling regulators.

Private equity races for Reits

Driven by pension funds desperate to meet their investment allocations to real estate, private equity firms are buying up US real estate investment trusts as fast as they can.

MIDEAST: Lack of products makes investors demand more

Supply of both Islamic-compliant and conventional instruments has so far failed to keep up with the voracious levels of demand across the Middle East, but there are signs that product-starved investors might now begin to see a steadier flow, though far-reaching challenges remain.

Best-managed LATAM companies 2006

Latin American companies are shedding reputations for irresponsible management to become competitors, and even leaders, in the global markets.

Country risk March 2006

Oil producers strike it rich, but long-term issues remain

The high price of oil highlights the fact that many economies are too reliant on raw materials exports, with governments creating unfavourable conditions for foreign investment through neglect or for political reasons.

LDI Debate: Bridging the void

A mixture of accounting issues, demographics, trends in the equity market and a sharp fall in bond yields has revealed the chasm between the assets and liabilities of pension funds in the UK, Europe and the US.