A review of SCI's latest content

Last week's news and analysis
Comprehensive metric?
Total alpha touted as CLO performance measure
Covid dip
CRE CLO churn rates drop
Disclosure deluge
Proposed quarterly capital disclosures brings GSEs into line with banks
Future-proofing credit portfolio management
The rising importance of technology in managing credit portfolios
Healthy Hertz
Securitisation key to Hertz's near-fatal collapse and its resurrection
Polish return
Rare lease securitisation completed
Positive prospects?
Legal changes open up Turkish NPL opportunities
Risk-sharing remit
CRT definitions discussed
Rocky road ahead
Output floor implementation questioned
SCI Awards: Personal Contribution to the Industry
Winner: Christian Moor, team leader at the EBA
SCI CRT Awards: Rising Star
Winner: Meindert de Jong, director at PGGM
Spanish SRT finalised
Sabadell executes capital relief trade
Still strong
European ABS/MBS market update

For all of last week’s stories including ‘Market moves’ and ‘Risk transfer round-up’ click here.

Free report to download - US CRT Report 2021: Stepping Up
The US CRT market – as with every other area of society – was tested by the Covid-19 fallout. But the sector arguably finds itself in a stronger position now. This SCI Special Report tracks the major developments in the US CRT market during the two years since JPMorgan completed its ground-breaking synthetic RMBS in October 2019, culminating in a sea-change in policymaker support for the sector ushered in by the Biden administration.

Recent Premium research to download
Defining 'Risk-sharing' - October 2021
Most practitioners agree that ‘risk-sharing transactions’ is the most appropriate moniker for capital relief trades, but there remains some divergence around the term. This CRT Premium Content article explores what it means for investors and issuers alike.
GACS, HAPS and more? - September 2021
Given the success of both GACS and HAPS in facilitating the development of a market for non-performing loans, and consequently bank deleveraging, could similar government-backed measures emerge in other European jurisdictions? This Euro ABS/MBS Premium Content article examines the prospects for the introduction of further national guarantee schemes.
SOFR and equity - September 2021
Term SOFR is expected to be the main replacement for US Libor. This SCI Premium content article explores the challenges the new benchmark presents to US CLO equity investors.
Fannie Mae and CRT – August 2021
Fannie Mae has not issued a CRT deal since 1Q20. This SCI CRT Premium Content article investigates the circumstances behind the GSE’s disappearance from the market and what might make it come back.