Credit - Volume7/Issue02
Articles in this issue
GFI group - The 'dequity' house
Debt and equity arbitrage is a hot topic at the moment and inter-dealer broker GFI believes it has established a head start in this area by merging its debt and equity brokerage and data businesses. Saskia Scholtes talked to three senior executives from…
Risk and reputation
As the post-bonus season's departures get under way, our regular In the City column asks whether we see evidence of a deepening fear of reputation risk at the top banks?
The lessons from Delphi's default
Default settlement
What's happening to credit research?
The Truth About Credit Research
Deutsche's £30m CDO hole
The German bank's missing millions result in the dismissal of a trader and highlight industry-wide CDO pricing problem
PPF urged not to ignore CDS in risk assessment
Isda is concerned the PPF will ignore the protection offered to pension funds by CDS
The Godfather rule
New columnist Toby Nangle on why pension funds are playing with fire
Credit dealers increase investment in ops
Pressure from regulators to streamline operations processing is a factor
Isda launches Mandarin/English finance glossary
The glossary of collateral terms aims to help in Chinese risk management
Robin Keck
With the merry-go-round of post-bonus job swaps now upon us, Hutton Consulting's headhunter gives Nikki Marmery his perspective on current recruitment trends
Back to basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask ... Erwan Curien, head of the quantitative team at technology vendor Sophis, explains how credit default swaptions work
Talking point - The relaunch of 30-year Treasuries
February 9 marks the return of 30-year Treasuries in the US. Credit asked market participants whether this will stimulate growth in the 30-year corporate bond sector
Securitisation market pulls together
Best Practice
Market graphic - The argument for short mezz/long index
Anticipating a sharp correction to spreads over the next few years, Andrew Feldstein, senior portfolio manager at BlueMountain Capital Management, puts forward a case for a short mezzanine tranche/long index position
Winter blues hit bond markets as investors get cold feet
Investors wary of LBO risk and shareholder-friendly activity have become more discriminating about new issuance
ABS market welcomes synthetic index launch
The new ABX indices are based on the sub-prime home equity sector
Winner: Telefonica
Every month Credit recognises the most innovative financing solutions in the debt capital markets. This month Telefonica, Axa Investment Managers' Opus CDO I and Oracle Corp
Building a future for Chinese securitisation
China's capital markets are hardly at the cutting edge of global developments: stifling state control and regulation have so far hindered the emergence of a securitisation market. But that may be set to change after landmark issues from two banks. Nadia…
Patrick Brennan
NewFinance Capital's senior credit analyst in London explains the benefits of investing in credit via a fund of credit hedge funds
SEC pressed to overhaul rating agency regulation
Evidence at a US Congress hearing slams the current system asrestrictive
All aboard the e-bandwagon
Derivatives E-Trading
