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Ratings redux

Rating agencies have been lambasted for perceived failings in their collateralised debt obligation (CDO) rating methodologies. The leading agencies have published revised methodologies, but has it swung too much the other way? With the CDO market in the…

Perfect storm

The fall in equity prices, combined with a sharp drop in bond yields, has decimated the funding positions of pension schemes across the globe. With many companies tottering under the weight of ballooning pension deficits, could this be the spark for the…

Product performance

Two products common to the UK market and one that is well-known in the US - all three with the same strike date - are the subject of this month's comparisons

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