Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Talking point - Structured finance CDO downgrades
In October one rating agency downgraded over $10 billion in US structured finance CDOs. Against a backdrop of further negative rating actions, Credit sought reaction from market participants
Profile: Arthur Calavritinos
Arthur Calavritinos runs one of the top-performing high-yield bond funds in the US, the John Hancock High Yield Fund. He tells Dalia Fahmy about the investment strategies that he hopes will insulate his investments against the current credit squeeze
Profile: Greg Froese
Matthew Attwood talks to the investor relations manager at hedge fund Lionhart about his experiences this summer and when he expects to see value in the post-crunch market
Market Graphic - Credit spreads
Suki Mann, credit strategist at Societe Generale, argues that the confluence of economic conditions presents a unique opportunity to add risk - but be selective
Legal Spotlight
In the second of a two-part article, Laurence Pettit, partner at Baker & McKenzie, discusses recent credit rating agency reforms and asks whether they go far enough to restore confidence in what many people regard as a flawed system
The Big Interview: Ian Bell
S&P's European structured finance head defends the agency over accusations that they could have done more to anticipate this summer's crisis. He talks to Matthew Attwood
Deal of the month
Volkswagen leasing
Regulator warns: plan for the worst
The UK's Financial Services Authority has warned lenders to prepare sooner rather than later for the threat of funding markets staying shut. Rob Mannix reports
Loan modifications remain limited, say rating agencies
Servicers may lack the manpower or the incentive to head off rising delinquencies as 2006 loans reset
First in the firing line
Regulation
Rise and fall
House price movements are set to become the dominant factor determining what US mortgage banks lend in future. Understanding house price appreciation and modelling it accurately has never been so critical. William Rhode reports