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Issue 56 - September 19th

  • Rumour has it...

      • A wonderful life?

        It's coming sometime and maybe

        EXT. BUILDING AND LOAN - DAY An iron grill blocks the street entrance to the Building an...


  • Data


  • News

      • Manager rankings

        New tools could clarify tiering

        New bank research shows that the average percentage of underlying RMBS and CDO collateral downgrade...

      • Market risk re-evaluated

        Rating agencies set to explore ratings volatility

        The traditional disclaimer for rating agencies is that they are only concerned with credit risk. Bu...

      • CPDOs restructured

        Move highlights impact of spread leverage

        UBS has restructured two of the three series of Financial Basket TYGER CPDO notes issued by its ELM...

      • European CLO sector returns

        Two innovative transactions lead the way

        The European CLO market has returned with a flourish. Citi has structured what is thought to be the...


  • Talking Point

      • CDO management as nature intended

        Applying Mother Nature's laws to the jungle of CDOs may help managers evolve in the current climate ...

        The art of effectively managing CDOs in these turbulent markets is becoming more complex by the day...


  • The Structured Credit Interview

      • What goes around

        Mark Gold, senior partner at Hillmark Capital, answers SCI's questions

        Q: When, how and why did you and your firm become involved in the structured credit markets? A: I...


  • Provider Profile

      • "People should distinguish more between assets"

        In this week's Provider Profile we talk to Morrison & Foerster about recent market volatility an...

        Recent market volatility has brought structured credit into the mainstream headlines for the first...


  • Job Swaps

      • Fund adds five

        The latest company and people moves

        Fund adds five SPQR Capital the fund manager set up by three former members of Deutsche Bank's str...


  • News Round-up

      • Northern Rock presents conundrum

        A round up of this week's structured credit news

        Northern Rock presents conundrum Northern Rock – Europe's largest ABS issuer in 2006 (at €29.6bn)...


  • Research Notes

      • Trading ideas - lock, stock and two smoking Bear-els

        Dave Klein, research analyst at Credit Derivatives Research, looks at a "wings" trade on Bear Stearn...

        Credit and equity risk are unambiguously linked, as the risk of debt holders not receiving their cl...



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