The benchmark that has underpinned vast numbers of financial instruments globally is coming to an end. But there is a lively debate around what will replace it, and how suitable that replacement will be in the event of a crisis. Robin Blumenthal reports
Combining data analytics with deep expertise is key to identifying the most attractive opportunities, including through the covid-19 dislocation, says Marianna Fassinotti, managing director at the D. E. Shaw group.
There have been signs 'to be concerned that some firms are not taking [the LIBOR transition] seriously, are not taking the steps that they need to take and are not prepared, in which case, it could be bad'.