Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Profile: Arthur Calavritinos
Arthur Calavritinos runs one of the top-performing high-yield bond funds in the US, the John Hancock High Yield Fund. He tells Dalia Fahmy about the investment strategies that he hopes will insulate his investments against the current credit squeeze
Profile: Greg Froese
Matthew Attwood talks to the investor relations manager at hedge fund Lionhart about his experiences this summer and when he expects to see value in the post-crunch market
Market Graphic - Credit spreads
Suki Mann, credit strategist at Societe Generale, argues that the confluence of economic conditions presents a unique opportunity to add risk - but be selective
Legal Spotlight
In the second of a two-part article, Laurence Pettit, partner at Baker & McKenzie, discusses recent credit rating agency reforms and asks whether they go far enough to restore confidence in what many people regard as a flawed system
The Big Interview: Ian Bell
S&P's European structured finance head defends the agency over accusations that they could have done more to anticipate this summer's crisis. He talks to Matthew Attwood
Deal of the month
Volkswagen leasing
Regulator warns: plan for the worst
The UK's Financial Services Authority has warned lenders to prepare sooner rather than later for the threat of funding markets staying shut. Rob Mannix reports
Loan modifications remain limited, say rating agencies
Servicers may lack the manpower or the incentive to head off rising delinquencies as 2006 loans reset
First in the firing line
Regulation
Rise and fall
House price movements are set to become the dominant factor determining what US mortgage banks lend in future. Understanding house price appreciation and modelling it accurately has never been so critical. William Rhode reports
Siv troubles endure as banks revise super-conduit plan
The troubles facing structured investment vehicles are leaving new issuance in the mortgage markets looking shaky. It is unclear whether plans to create a super-Siv to bail them will succeed
Surface tension
Swaps
Bidding deadline passes but Northern Rock's fate still unclear
Continued funding lines from the Bank of England could be critical as key shareholders shift in favour of a restructuring rather than an outright sale of the troubled UK lender
European buyside survey provides encouragement
A poll of investors in European asset-backed securities suggests demand will be reduced but not extinguished for the year ahead
The tough go shopping
Investors