Infrastructure
Pimco's head of MBS sees upside in illiquid markets
Value to be found in private label mortgage securities where liquidity premiums greatest, says key investor
Liquidity or bust?
Regulation
Freddie Mac gives private insurers a helping hand
US mortgage agency relaxes criteria to help private mortgage insurers rebuild capital reserves
Primed to recover
Netherlands
The case for the defence
Although the smallest of the big three agencies, Fitch Ratings is often perceived as the one that reacts fastest to market developments. Sarfraz Thind talked to Glenn Costello, co-head of US RMBS at Fitch in New York
From emerging to converging
Turkey
How fair is fair value?
Accounting
An industry in search of a silver bullet
ASF Conference
The end of the monoline?
Fears that monoline bond insurers would lose their triple-A ratings rocked global capital markets in February. As bankers, regulators and industry chiefs gawp at the cracks in the insurers' foundations, Daniel Andrews investigates where it all went wrong…
Back to basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask... Teresa Callaghan, at credit management firm Transcom, looks at the debt sale market
Talking point - New securitisation markets
On the back of news that Japan is to securitise public sector receivables for the first time, we ask market participants about where they see development in new securitisation markets in 2008
Deals of the month
Unicredito Italiano and Dexia Group
Market graphic - European high-yield default rate
Although the markets are pricing in a jump in this year's European speculative-grade default rate to 7.5%, JPMorgan Credit Research predict a more modest rise of 2.5%
Putnam Investments - A specialist approach
Putnam Investments is in the business of managing portfolios, but, curiously, it doesn't employ any portfolio managers. Instead, the firm has built a team of specialists that focus on specific sectors. Matthew Attwood talks to two lynchpins of the fixed…
Driven to distress
One man's bankruptcy is another man's opportunity. Distressed debt funds, which profit from companies that are in financial trouble, have performed poorly in recent years. But with the effects of the credit crunch expected to hit corporate issuers in the…
Bank results spark fears of further losses
European banks published their much-anticipated 2007 results in February, revealing the extent of the subprime crisis, and hinting at more trouble ahead
Hedging into the future
Variable Annuities
The last risk silo
Operational Risk