Structured products: Keeping it simple

Investment banks are rushing to offer systematic payoffs and smart underlyings as structured notes, partly in response to investors’ growing mistrust of more complex products.

Ukraine – music to private equity ears?

It’s a measure of the increased range of opportunities for the alternative investment industry in Ukraine that the launch last August of MTV Ukraine was made possible by Horizon Capital, a leading private equity fund manager in the country with around $300 million under management.

CEE: Middle-class demand

Visit cities such as Bucharest and one might be surprised by the high-quality cars or food that are available and affordable.

Romania’s rocky road to reform

Romania is vulnerable to the global credit crisis, with its current account in deficit, a budget shortfall and a domestic credit binge.

FX debate: Testing times in the search for alpha

The sideways, low-volatility markets of the past two years are gone, so how should investors review their currency management strategies? Should they consider shifting mandates from quant to discretionary? And should capital preservation take over from return maximization?

Ukraine and the WTO: a politico-economic coup

On February 5, Ukraine received the welcome news that after 14 years of often tortuous negotiations its membership of the World Trade Organization had finally been approved by the international trade body’s general council.