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Tag: global markets

China can reshape the global oil market

CMCRC researchers show that China is still on track to reshape the global oil marketTalk of a petroyuan replacing the petrodollar has been called “premature”, but analysis from CMCRC shows that China’s new crude oil futures contract is exceeding expectation when compared to the established US and European exchanges in key areas.In March 2018, The

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CMCRC REPRESENTATIVES ATTEND PRIME MINISTER’S PRIZE FOR INNOVATION 2017

CEO Professor Michael Aitken AM and Head of Regulatory Practice Ann Leduc attended the black-tie event on Wednesday 18th October 2017. This is not the first time CMCRC have been invited to the occasion. In 2016 the Prime Minister’s Prize for Innovation was awarded to Professor Michael Aitken for his work creating and commercialising tools that are

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PRICING AND HEDGING OF GUARANTEED MINIMUM BENEFITS IN VARIABLE ANNUITIES

The shift from defined benefit to defined contribution superannuation schemes within developed countries has correspondingly increased the importance of retirement savings and investment plans. Variable annuities (VAs) with guaranteed minimum benefits (GMBs) are gaining in popularity as products that can meet the demands of the ageing population. However, guaranteeing policyholders a minimum level of return

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