New CDPCs set for launch

p10-ianhawkins-jpg

Two new credit derivatives product companies (CDPCs) are on the verge of making their first trades. Mass Mutual and its investment arm Babson Capital Management have launched Invicta Credit, while Deutsche Bank and Axa Investment Managers have partnered to create NewLands Financial CDPC.

CDPCs are structured finance operating companies with the ability to sell protection on single-name credit default swaps, as well as structured credit investments such as synthetic collateralised debt obligat

To continue reading...

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 indvidual account here: