Feature
Deriving fair value
illiquid instruments
Reconciling hedge funds with the Qu'ran
business profile
Europe’s insurers get used to a stricter regime
Risk management
Security for life
US market
Insurers consider alternative route
Investment
A new regulatory world
Portfolio hedging
New rules for a new era
UK market
Synthetic structures: no longer a fantasy
Credit guide: sponsored foreword
The building blocks of credit derivatives
Credit guide: building blocks
Collateralised debt obligations
Credit guide: CDOs
The price of default correlation
Credit guide: pricing
Exploring correlation risk
Credit guide: basket default swaps
Absorbing credit risk
Credit guide: conclusion
A transparent market
Credit guide: transparency
The emergence of credit derivatives
Credit guide: introduction
Re-securitising CDOs
Credit guide: CDOs of ABS
Creating CDO tranches
Credit guide: risk allocation
Managed CDOs versus static CDOs
Credit guide: CDO management
The next generation
Credit guide: future of CDOs
RMA and ORRF up European efforts
Measurement advances