SIVs brauchen Unterstützung
Heute gibt es verschiedene Möglichkeiten zur Unterstützung der in Bedrängnis geratenen strukturierten Investmentvehikel - wie den Master Liquidity Enhancement Conduit, Restrukturierungen und Verkäufe ganzer Portfolios. Welche Möglichkeit ist für SIVs die beste? Radi Khasawneh berichtet
In den letzten Monaten waren die strukturierten Investmentvehikel (SIVs) fast durchgehend in den Schlagzeilen - und diese waren fast alle negativ. Sinkende Preise für CDO-Tranchen führten bei einigen Vehikeln zur Auslösung der Marktwert-Trigger und Liquidierung der Vermögenswerte. Am Horizont zeichnet sich keinerlei Besserung ab. Banken und Verwalter erwägen folglich drastische Maßnahmen zur Rettung der in diese Portfolios eingebetteten Werte. Zu den Möglichkeiten zählen Restrukturierungen sowie
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