The oil spill in the Gulf of Mexico has turned into a catastrophic event with major environmental and financial implications. Has this stock specific event had an impact on the wider market? What are the implications for institutional portfolios? What are the long-term investment repercussions...

We investigate the dynamic correlation between oil, gold and commodity currencies and suggest optimal hedging strategies for participants in these markets. Over the past few years, commodity prices have fluctuated significantly and exhibited high volatility. Although there are a number of...

To manage and mitigate credit risk, financial institutions and large companies which grant credit use several models and techniques to evaluate the financial data of their client firms. The present empirical research updates the quantitative methods to score and model the financial strength of...