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November 2004

Main

Cover story

Guarding against hedge fund fraud

Western Europe

Treasury issues drive French liquidity

Opinion

Don't rely on VaR

North America

Diageo finally sells General Mills block

AT&T's last call

Equity markets

FSA renews pressure on equity research

Asia Pacific

Temasek boosts returns by backing Singapore's new role in Asia

India sticks with reform

Debt markets

Covered bonds face an identity crisis

Roundtables

Roundtable: Wrestling with regulation

Emerging Europe

EU approval prompts hopes and fears

Russian IPOs set to boom

Africa

The rise of a capital market culture

Editorial

You can't regulate against gullibility

Front End

Dividing as it unites

Gremlins in the Gherkin

The bald truth about Rathbones

BarCap to icecap?

Short-only stars keep it sweet

Hard bankers go for the soft touch

Breakingviews

Investors have abandoned Invensys too soon

Looking for the smooth road to pension reform

The rise and fall of convertible arbs

Market Monitor

The importance of timing

EU to sue over VW golden share

Revenues set to double

151 reasons to be cautious

In through the back office door

Cheap and easy access to performance

Emerging markets

Panama looks to revitalize its biggest asset

Exchanges open to speculation

The chestnut revolution

Deal Insider

Etisalat deal breaks record for Islamic financing

Against the tide

Is the price boom set to bust?

Flipside

Russians sink more beer as tastes change

People

Heinrich Pecina

Ariel Salama