CT takes a look at Cathay Pacific’s 2017 annual report to see how its treasury is dealing with its fuel hedging strategy and how new accounting practices affect the airline.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.
It’s said the secret to a good relationship is never having an opinion – and it seems the same applies to hedging. One of Hong Kong’s most successful funds tells CT how to get hedging right.