Articles tagged with:
hedging

  • Globe in a box full of worldwide currencies

    FX forwards: the wrong option for EM currencies?

    The foreign exchange forward is the most widely used derivative instrument amongst corporate hedgers. Some experts are now questioning the efficacy of forwards when it comes to hedging emerging market currencies. But is it more a case of the instrument being deployed at the wrong time?

  • Building statues during sunset

    Preparing for the worst

    The recent election of the left-wing anti-austerity party Syriza has everyone speculating once again on the future of the Eurozone’s embattled periphery. What’s more, the latest episode of Greek turmoil comes at a time when businesses are already feeling uneasy about the deflationary forces that are appearing to take hold in Europe. Here we ask a treasurer, an economist, a banker, and a corporate ratings analyst how they see the situation developing, and what corporates can do to minimise the impact should events take a turn for the worst.

  • Rajan Gupta, HYVA

    Corporate View: 
    Rajan Gupta, HYVA

    Whether it is augmenting HYVA’s working capital management, or navigating his company through one of the highest periods of FX volatility in decades, Rajan Gupta, Group Treasurer has long been comfortable with the heaviest of workloads. In this article, he tells us what attracted him initially to treasury and why the role continues to excite him to this day. He also explains how he managed to get on top of group liquidity management at a Dutch multinational that places a high value on local autonomy.

  • Oil rigs out at sea in the sunset

    Making the most of cheap oil

    The fall in the price of oil has been one of the big market stories of the past year. But how can treasurers help their companies leverage the opportunities of lower energy input costs?

  • Steven Wong, NOL

    Corporate View: 
    Steven Wong, Neptune Orient Lines Group

    With over three decades’ experience in the shipping and logistics industry, Steven Wong, Group Treasurer, Neptune Orient Lines Group, has guided the company through quite a few ups and downs in a cyclical sector. In more recent years, Wong has applied his knowledge and understanding of philosophy to make some important changes not only to the treasury but to the business.

  • Guardian at the Grand Palace in Thailand

    Regulating derivatives in Asia

    Dodd-Frank and EMIR have irrevocably changed derivatives markets in the US and Europe. What progress has Asia made towards the G20 commitments to shed more light on the market for hedging products? This feature evaluates the current state of play in the regulation of OTC derivatives in the Asia Pacific region and considers what implications these changes have for corporate treasurers who rely on the products to manage financial risks.

  • Taoist Temple and garden in Cebu, Philippines

    The Philippines – a land of potential

    Following independence from the United States, the Philippines fell behind other South East Asian nations economically. Recently however the Filipino economy has been on an upward curve and the country has become known as a rising star of the region. While numerous economic improvements have been made in recent years, the country still has some way to go to fulfil its true potential.

  • Old pocket watch next to an old abacus

    Revenue reporting is set to change – are you ready?

    Almost every company will be impacted to some extent by the changes to revenue accounting announced last month. But what types of businesses will see the greatest impact? And what should they be doing now to prepare?

  • Cup of coffee with a map in the foam

    Treasurers in charge: boardroom, bulbs and muppetry

    What would happen if treasurers ruled the world? The annual ACT conference and exhibition, held last week in Glasgow, posed this question. Here are some of the conclusions.

  • Glider in the mountain landscape in sunset

    Risk high but manageable, say Asia CFOs

    An annual survey of finance chiefs in the Asia market reveals a confident mood in the region’s business prospects. But while the majority of the region’s multinationals are feeling bullish about revenue growth in the year ahead, concern about financial risks is on the rise.