HVB manages Asian hybrid CDO
HVB Asset Management Asia (HVBAM) is the latest Asia-based asset manager to close an arbitrage collateralised debt obligation (CDO), with the launch of a $1 billion hybrid CDO in March.
HVBAM, a Singapore-based unit of Germany’s Bayerische Hypo- und Vereinsbank (HVB), follows Singapore’s UOB Asset Management and Hong Kong’s PCI Investment Management into the managed CDO market. Both
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