The recent correction in the bond markets could prove to be a boon for emerging market CDOs, according to bankers. A few synthetic deals are in the pipeline, including one being arranged by Goldman ...
A report on financial risk based on a survey answered by 175 bankers, regulators and corporate users was published last month by the Centre for the Study of Financial Innovation. They were asked to ...
The ranks of firms looking to set up highly-rated, limited-purpose companies to act as counterparties in credit default swaps are swelling as they look to offload CDO-generated risks. The ranks of ...
NEW YORK, Feb 28 (Reuters) - Fears that credit derivative indexes will further weaken as investors unwind structured deals known as constant proportion debt obligations, or CPDOs, are likely overblown ...
The investment seeks high current income with a secondary objective of long-term capital appreciation. To pursue its goal, the fund invests at least 80% of its net assets in credit instruments, ...
The bond market used to be a place that was safe for widows and orphans, but recent developments, including the fast growth of credit derivatives and hedge funds, are changing this formerly quiet ...
Corporates have largely ignored the rapidly growing credit derivatives market for years. But will it help or hinder them if global growth begins to slow? The credit derivatives market has been one of ...
NEW YORK (Reuters) - Investors in some structured credit deals using derivatives are seen as likely to unwind them after new U.S. accounting rules are introduced that will require the derivatives to ...
Don’t mistake CLOs for CDOs - CLOs invest in senior secured loans and have built-in risk protections that have been tested through two major market crises. CLOs stand apart from other types of ...
In the early days of synthetic collateralized debt obligations, most deals were static. When static deals were hit by a series of defaults in 2001 and 2002, managed deals became popular with investors ...