Opinion
Column – Nigel Rendell
Emerging markets, particularly China, may provide a welcome source of returns this year but investors need to watch out for the effects of any US recession on the sector.
Dinallo's dilemma
Editor's letter
Stop hiding behind the foliage
EDITOR'S LETTER
Whither originate and distribute?
Some argue the crisis in structured credit markets signals the demise of the originate-and-distribute model of banking, but this fails to take into account the pattern of all revolutions, argues David Rowe
Credit evolution
Editor's letter
Editor's letter
Editorial
Market graphic - Recessionary pricing
The effects of a US recession on Europe are hard to quantify, but European spreads are already pricing in a mild recession, according to JPMorgan Credit Research. Is this enough?
Column: Andrew Kasapis
Our new columnist suggests three trading strategies that might reap rewards this year
Column: Nigel Sillis
An anomaly in S&P's CDO Evaluator would have us believe that a AAA rated CDO is more likely to default than a AA+ corporate - fine in today's market, not so good in theory
Legal spotlight
The structured credit market is facing a new paradigm as we emerge from the credit crisis. Angus Duncan and Robert Cannon look at the kind of structures we can expect to see in 2008
Talking point - Investment-grade bond covenants
Following the release of a white paper by a group of 50 buy-siders proposing an overhaul of existing covenants, we ask market participants whether investment-grade bond covenants need improving
Some day, all this will be risk-neutral
Editor's letter
Das Undenkbare
Kommentar
A turn for the worse?
Comment
Now it's op risk's turn to take centre stage
EDITOR'S LETTER
Legal lethargy
Constraining buy-side institutions to hold only investment-grade securities uses a nearly century-old metric with limited contemporary relevance. David Rowe supports one modest proposed reform
Structured stagnation
Editor's letter
Talking point - 2008 outlook
Talkingpoint