Dynamic Hedging
Massachusetts goes it alone on hedge funds
Monday, October 17th, 2011State pension fund puts $280 mln with 11 managers * Most managers get $25 million allocation * More managers expected to be hired in December BOSTON, Oct 11 (Reuters) – Massachusetts, which has long bet big on hedge funds, hired 11 managers on Tuesday as part of the state’s push into direct investments with these [...]
Massachusetts goes it alone on hedge funds
Monday, October 17th, 2011State pension fund puts $280 mln with 11 managers * Most managers get $25 million allocation * More managers expected to be hired in December BOSTON, Oct 11 (Reuters) – Massachusetts, which has long bet big on hedge funds, hired 11 managers on Tuesday as part of the state’s push into direct investments with these [...]
Crack spread
Tuesday, June 21st, 2011Crack spread is a term used in the oil industry and futures trading for the differential between the price of crude oil and petroleum products extracted from it – that is, the profit margin that an oil refinery can expect to make by “cracking” crude oil (breaking its long-chain hydrocarbons into useful shorter-chain petroleum products). [...]
Hedging Lufthansa Treibstoffkosten
Tuesday, January 12th, 2010Der jährliche Treibstoffverbrauch des Lufthansa Konzerns lag im Geschäftsjahr 2008 bei etwa 7,9 Millionen Tonnen Kerosin. Er stellt für den Lufthansa Konzern eine wesentliche Aufwandsposition dar. Starke Veränderungen der Treibstoffpreise können somit das betriebliche Ergebnis erheblich beeinflussen. Lufthansa setzt deswegen eine regelbasierte Treibstoffpreis-Sicherung mit einem Zeithorizont von 24 Monaten ein. Ziel ist es, die Schwankungen [...]