Facebook's new cryptocurrency

ICMA Centre student, Afua Addae (pictured here with fellow student Aleksander Petreski), who studied the MSc in Financial Risk Management, has received the commendation of runner-up for the Eurekahedge prize for the best paper on hedge funds after working on a major project based on Eurekahedge data for her MSc. After completing a BSc degree in Chemical Engineering in Ghana, Afua moved to the UK and decided to study at the ICMA Centre after working for a year and a half with Nationwide Building Society, UK. She will graduate in July 2007 with a merit. During her MSc study she worked part time as a research consultant with Lepus Management Consultancy, a risk management consultancy in London where her researches on ?Basel II Implementation: Lessons Learnt from the First Round of IRB Applications', ?The Risk and Regulatory Environment in Commodity Trading' and ?Rogue Trading', have been published on Lepus' Risk Monthly Reports.

Dr Emese Lazar, Dr Alfonso Dufour and Daniel Traian Pele publish new paper 'Information entropy and measures of market risk', which describes how entropy as a financial model can be used to forecast value-at-risk (VaR). Dr Emese Lazar discusses the paper below:

£0.5m research grant awarded to Henley Business School to investigate the effects of cognitive and emotional bias on retail investment choices.