Capital structure arbitrageurs build a following

Trading strategies

creditcover-jpg
In May, French financial conglomerate Axa set up a trading desk within its structuredand alternative investment management group in London to concentrate solely oncapital structure arbitrage. Axa says it wanted to use the credit expertise ithad built up over the years as a major buy-side institution to take advantageof opportunities in this trading strategy, which exploits discrepancies in thetrading behaviour of a company’s credit and equity.

“We are one of the largest CDO [collateralised debt

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here