Securitisation
The bear essentials
The recent subprime-related volatility has been an eye-opening - not to say eye-watering - experience for many. Now the foundations have been laid for a bear market come 2008
ABS/ABX: More than just a technical hitch
ABS/ABX market
Dealing with volatility
Sponsored event
No smoke without fire
Cover story
Limited fallout
Credit
Berating agencies
Rating Agencies
Subprime contagion
Conduits
Berating agencies
Rising delinquencies in the US subprime mortgage sector have triggered a flood of downgrades by credit rating agencies. As a result, confidence in ratings has been shaken, and they have come under fire from investors and regulators. Is the criticism…
Rating agencies assess money markets
In two conference calls last week, Fitch Ratings and Moody’s sought to capture the effect of the commercial paper (CP) market's lack of liquidity on the wider banking outlook.
German contagion looms as funds buckle
The news that two structured loan funds are in need of emergency support has done nothing to calm fears over German structured product funds.
ABN's Brushfield completes first CDO
The principal finance arm of ABN Amro, Brushfield Capital, has completed its first collateralised debt obligation (CDO).
Eagle-eyed regulators make compliance and control allocators' key in loan market
loans/distressed debt
Demystifying the practice of synthetic CDO valuation
Nosheen Khan, vice president, structured credit valuations at Markit, examines the base correlation mapping methods for implying bespoke collateralised debt obligation (CDO) correlations from standard index tranche correlations
Divide and rule?
MSS Capital's head of structuring in EMEA, Caelim Parkes examines the benefits and drawbacks of managed accounts, in answering why at least a portion of one's hedge fund assets should be managed in segregated accounts
Collateral concerns
CFXOs
The balancing act
CDPCS
Re-evaluating valuation
Subprime mortgage woes continue to send shudders through the markets. Rising delinquencies, rating downgrades and falling prices have left investors with huge losses on CDO of ABS investments. The losses have revealed discrepancies in the valuation of…