Tuesday, 23 September 2014
Last updated 2 hours ago
Feb 11 2009 | 6:52am ET
Allowances worth $118 billion for four billion tons of carbon emissions changed hands worldwide in 2008, according to investor information firm New Carbon Finance, an increase of 42% in the number of transactions over 2007.
Higher trade volumes and prices resulted in an 84% year-on-year increase in market value in 2008, according to the research firm, which analyzes the world’s carbon markets.
The European Union Allowance (EUA) market accounted for 70% of carbon emissions trading volume and 80% of value in 2008. One EUA permits the emission of one ton of carbon dioxide or an amount of any other greenhouse gas of equal global warming potential during a specified period.
Sep 22 2014 | 4:15pm ET
I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.