Singapore’s UOB Asset Management (UOBAM) has once again entered the synthetic collateralised debt obligation (CDO) market, managing its third transaction deal in a little over six months. This time, Goldman Sachs is the co-arranger of the transaction with UOB, in what appears to be a strategy of working with all the region’s top credit houses.
Called United Global Investment Grade CDO III, the deal is the largest synthetic CDO to be managed by an Asian asset manager to date – just. A
The week on Risk.net, July 7-13, 2018Receive this by email