Securitisation
How bonus structures contributed to the credit crisis
For a fistful of dollars
Hedge funds: The bargain hunters
There are rich pickings to be had amongst the ruins of the summer's ravaged credit markets: hedge funds that survived the crisis are now putting together funds to invest in the wide availability of cheap securities. Nikki Marmery meets the executives at…
Banks launch 'super-SIV' to rescue ailing funds
A multi-billion dollar initiative by a group of investment banks sees the launch of a super-conduit that will buy assets from struggling SIVs. Banks hope the fund will bring liquidity to the market
Profile: Avarina Miller
The senior vice-president at Demica, the provider of working capital services, talks to Matthew Attwood about how volatility is increasing appetite for more traditional structures
Talking point - The end of the acronym?
Will investor appetite for complex financial products be restored, or are we returning to a more traditional marketplace? Credit asked five market participants for their views
Micro-finance, macro gains
Micro-Finance
For whom cat risk tolls
Reinsurance derivatives
Ein Anflug von Panik
Kommentar
Ratingagenturen unter Beschuss
Ratingagenturen
Die Subprime-Pest
Europäische Subprimes
Ein Jahr der Extreme
Deutsches Risk Rankings 2007
Overrated regulation
Risk management
Ratings figure
Monolines
Marking to mayhem
Market ups and downs have produced a roller-coaster ride for mark-to-market valuations of structured credit. Funds have responded by suspending net asset value calculations, arguing it is impossible to fairly value assets held by them under present…
How to heal a paper cut
London-based hedge fund manager Solent Capital hit the headlines in August after its SIV-lite, Mainsail II, became a victim of the liquidity squeeze in the commercial paper market, and was forced to wind down. However, the manager is looking to take…
Master conduit trio joined by Wachovia
Wachovia has joined Bank of America, Citi and JP Morgan in a plan aimed at restoring calm to the troubled structured investment vehicle (SIV) sector.
RBS to take Cheyne SIV
Royal Bank of Scotland has won exclusive rights to restructure Cheyne Finance - a structured investment vehicle (SIV) managed by Cheyne Capital Management, the London-based hedge fund and collateralised debt obligation (CDO) manager.