The road to a quality Street


Structured Products: How sensitive are investors to an issuer’s credit rating a year after the Lehman Brothers bankruptcy?

Richard Couzens, head of product origination, investor solutions at Barclays Capital: Investors remain sensitive to issuers’ credit ratings and are more aware of the associated credit risk related to their investments. However, general levels of risk aversion have eased, related to a sense of stabilisation in the economy. March 2009 is recognised as the inflection point.