Credit/Opinion
Private mortgage market remains hamstrung by bad practice: Joseph Mason column
No incentive to improve
Financial world needs reappraisal of old, western ideologies: Caveat Lector column
New bottles for new wines
Bond investors should remember that haircuts are only a last resort in EC proposals
Pain coming – but how much?
Ireland's bailout has left investors unconvinced
Losing belief in bailouts
The Fed's role in the financial crisis: Jerry Tempelman column
In denial over monetary policy
Defaults by stealth are rare: Marty Fridson column
Defaults by stealth are rare
After a strong 2010, the hard work now starts for bond investors: Caveat Lector column
Will bond investors strike out?
It's hard to argue that Indonesia is a better credit than Spain
Indonesia: better than Spain?
Monkey business in bond sales: Caveat Lector column
Monkey puzzle
Bailout funds miss the point: Joseph Mason column
Bailout funds miss the point
Going loco for CoCos: Gary Jenkins column
Going loco for CoCos
To swap is not to insure: Aaron Brown column
To swap is not to insure
Why investors need to have a rethink on RMBS
Time for a rethink on RMBS?
The consequence of government debt reduction strategies: Toby Nangle column
Debt reduction: a double-edged sword
Credit analysts should prepare for a long, cold winter: Caveat Emptor column
Research and destroy
Talking triggers: Rob Davies column
Regulators have given governments the freedom to decide at what point triggers should cause debt to be written off, giving investors a headache
Lovelier the second time around? Marty Fridson column
Private equity firms are sitting on $1 trillion of uninvested capital. That’s why they are buying ‘second-hand’ companies with questionable value potential from other private equity firms.
Low liquidity is the new norm for portfolio managers: Caveat Emptor column
Portfolio managers accustomed to building books in neat blocks of $50 million may struggle to unwind such positions in the new liquidity-starved secondary markets.
Stressing out over stress tests: Rob Davies column
Observers are expressing doubts over how useful the latest round of Cebs stress tests for European banks will be.
High yield spreads no longer correlated to default rates: Jerry Tempelman column
High yield spreads are more highly correlated to the VIX index than to default rates.
The FDIC’s only safe harbour is from itself: Joseph Mason column
The US Court of Appeals has ruled against the FDIC in a case that gave rise to the regulator’s original safe harbour provisions for securitisation deals.
Is the CFA qualification worth sweet FA? Caveat Emptor column
Chartered Financial Analyst, the qualification that is de rigueur for any aspiring fund manager, fails to address the principles of proper risk management.
Where next after May's month of mayhem? Rob Davies column
It seems that the European authorities are powerless to restore confidence to the financial markets, and the prospect of a double-dip recession is looming closer.
Maple bonds may offer sweet spot for credit investors: Simon Ballard column
Canada’s financial markets proved resilient to the credit crisis and debt issued in Canadian dollars should garner strong support from investors.