Infrastructure
CPDOs: riding the wave
11. CPDOs
Investors shy away from curve steepeners
Credit curve steepener trades using constant maturity swaps have emerged as an innovative way to take advantage of the much-anticipated rise in credit volatility. So what is hampering take-up of these products? By Hardeep Dhillon
The CDO Factory
CDO boutique Cohen & Company has emerged as a major force in the structured credit market. But as a niche operator, it has to think and act fast to stay ahead of the competition. Dalia Fahmy talks to senior management and discovers that the key is…
Market graphic: Correlation breakdown
Market Graphic
Russia wakes up to ABS
After years of being the 'next big thing', the Russian asset-backed securitisation market has finally arrived. Laurence Neville looks at the factors that have caused this sleeping giant to awaken
Canaras Capital
Anthony Clemente, chief executive of New York-based investment manager Canaras Capital, talks to Victor Anderson about the challenges facing a start-up business in the 'alternative' fund management space, including the thorny issue of transparency
Trichet calls for transparency
ISDA AGM Report
CDOs: what does the future hold?
12. the outlook
CLOs of leveraged loans
6. leveraged loan CLOs
Banks scramble to set up illiquid trading desks
The tight spread environment has forced banks to seek out ever more esoteric assets to structure, setting up specialist trading desks in the process
Decoding the data
With less than six months to go before Mifid takes effect, banks need to address the data-storage and management requirements they will face. Duncan Wood reports
CDO managers - Do the ends justify the fees?
Credit Risk
The challenge of diversity
Features
A Fortis first in Turkey
Profiles
A taste for complexity
When constant proportion debt obligations first hit the market late last year, many market participants complained that they were too complex, even for sophisticated institutional clients. Now, however, growing numbers of bankers are predicting that the…
Miami's voice
Conference report
Doing the right thing
Education
Market snapshot
Tim Mortimer of Future Value Consultants looks at pricing issues of structured products in different markets and provides his trade of the month
Innovation dawns in the Nordics
Regional Profiles
London & Capital bucks the trend
Fund managers tend to dismiss structured investments out of hand. But London & Capital has gone against the grain and established its own structured products division to target high-net-worth individuals, family offices and other distributors. Amanda Lee…
CFTC demands Platts data
The US Commodity Futures Trading Commission (CFTC) has filed an application in Columbia District Court, seeking to enforce a subpoena for energy-related documents it served on publishing group McGraw-Hill. Part of an ongoing investigation into energy…