Structured credit landscape revives the basics

Once blooming with complex products and strategies that aimed to capture the highest returns possible, the structured credit landscape is rebuilding itself to find its place again within the investment universe. Sarah Nowakowska reports on how the move back to simplicity is creating opportunities

abacus

Innovative credit structures that flourished in the years leading up to the financial crisis are now nowhere to be seen. Highly leveraged products and strategies that represented the peak of complexity but performed poorly in stressed markets – such as credit default obligations (CDOs) squared, constant proportion portfolio insurance strategies for credit portfolios and constant portfolio debt obligations (CPDOs) – were shelved at the onset of a crisis that left many credit products facing mark

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here