UK-based investment bank Barclays Capital has launched a managed version of its Collateralised Commodity Obligation (CCO). Everest I will be released to institutional investors globally in partnership with CDO manager TCW Asset Management.
The new product signals a progression from the static investment of its December 2004 predecessor Apollo to continuous management and portfolio selection. The CCO portfolio is made up of commodity trigger swaps from a basket of commodities including bas
The week on Risk.net, July 7-13, 2018Receive this by email