Isda fallback protocol sees healthy take-up

Some hedge fund holdouts remain amid 12,000 signatories

isda-fallbacks montage

A key protocol designed to automatically transition legacy Libor contracts to new risk-free rates (RFRs) went live on January 25 with more than 12,000 signatories.

Amid the extensive adherence, however, there are some notable holdouts from the world’s largest asset managers and hedge funds. Missing from the list are Blackstone, Affiliated Managers Group, Federated Investors, Geode Capital Management and Citadel. Tudor Asset Management and Element Capital Management also do not appear on the

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: