State Street

GLOBAL - Sovereign wealth funds (SWF) may decide to purchase special drawing rights (SDR)-denominated bonds, creating a wider market for the instrument some have touted as the alternative to the US dollar as the reserve currency.

GLOBAL - Sovereign wealth funds will refocus on liquidity and re-evaluate the allocations of their combined US$3.2trn in assets, particularly their exposure to risk assets, as they emerge from the global financial crisis, a State Street panel said.

US - State Street said its US$625m legal reserve may run dry after the Securities and Exchange Commission told the firm it planned to recommend enforcement action against them for violating securities laws.

A panel of experts consider the issues surrounding currency management and assess the different styles available

Emma Cusworth examines how transition management has been impacted by the credit crunch and how the re-shaped industry aims to push forward

Diane Miller, principal, Mercer's investment consulting business, puts the questions to two fund managers

Emma Cusworth discusses the tougher environment facing transition managers

Raquel Pichardo-Allison discusses the problems institutional investors face in reducing their currency exposure in the light of the market's record volatility

Following the volatility in currency markets, investors have returned to hedging and are looking at ways of reducing risk, as Raquel Pichardo-Allison reports

Replicators were designed to produce cheap hedge fund beta. Emma Oakman finds out how they have fared through a difficult year