A financial markets perspective

How we got here.

Regulatory folly

The relative importance of risk and reward

Some traps for the unwary

A way forward - resolution of many paradoxes.

Con Keating, a chemist and economist by training, has decades of top-level market experience in the trading and research settings as well as academic finance. He has held a number of high level consulting roles to fund managers, investment and commercial banks, insurance and re-insurance companies, central banks and governments.

He is a member of the steering committees of PRMIA, London , The Financial Econometric Research Centre at Cass Business School , and the new Finance Research Institute at the University of Warwick . He is a member of the Societe Universitaire Europeene pour Recherche en Finance. Con is also a former chairman of the committee on methods and measures of the European Federation of Financial Analysts' Societies, where he led their long term projects on credit analysis and on performance measurement and attribution for fixed income portfolios