As part of Societe Generale's series of Meet the Experts presentations, Pierre Trecourt and Mickael Seve discuss credit markets.
Despite the recent credit spread normalisation, there are still many opportunities in credit markets. Investors could add new structures on bonds by changing coupons, adding leverage or using bond repack. But, recently, investors have been more and more interested in credit indices. They allow investors to have exposure on the Asian, US or European credit markets and to express their bullish or bearish sentiments on credit. Today, there is a set of available products that Societe Generale can provide on credit indices – from the simplest ones, such as a credit-linked notes on index- and capital-protected zero-coupon structures to realise capital appreciation, to more exotic solutions such as credit tranches and hybrids.
Register to watch the presentation The credit market – Still many opportunities, available for on-demand viewing
More on Indexes
Stoxx indexes increasingly popular with issuers
Battle of ideas on how best to offer new wave of smart beta exposures heats up
Lack of liquid options on European mid-cap benchmarks leaves investors stuck with the blue chips
New product issuance in Europe could dry up as result of overbearing new rules, says Graf
Sign up for Risk.net email alerts
A reduction in the number of settlement banks has increased interconnectedness risk
Asian countries moving towards more risk-based capital framework
Asia banks slow to follow European and US peers in pulling deposit services, says BTMU's Tomballe
Directional portfolios and limited diversification will hamper recovery process
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.