SIV assets tumble to 50% of pre-crisis value

The value of structured investment vehicle assets declined by almost 50% in the closing months of 2007, according to rating agency Moody's. "The sector reported a decline in assets under management from almost $400 billion in July 2007 to around $300 billion by mid-November and around $200 billion by mid-December 2007," says Henry Tabe, managing director for SIV ratings at Moody's.

Managers and sponsors of SIVs now acknowledge that the senior debt investor base is unlikely to return to the sector

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 indvidual account here: