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Issue 107 - October 8th

  • News

      • Index fall slows

        Nearly half of credit hedge funds in index report positive returns

        Both gross and net monthly returns for August 2008 in the Palomar Structured Credit Hedge Fund (SC H...

    • CLO Managers
      • Manager performance compared

        Distressed price ratio helps uncover relative value

        The average flow leveraged loan bid has dropped to an all-time low of 79.88, according to S&...

    • Ratings
      • MIR gain traction

        But transparency is still lacking

        Recent events have underscored the importance of including market-implied ratings (MIR) in risk mode...

    • Regulation
      • European TARP mooted

        United European solution called for as individual measures fail to impress

        Calls are mounting for a unified European approach to combat the current liquidity crisis. A number...


  • Talking Point

    • CLOs
      • New CLO paradigm

        Structures and complexity to suit remaining investor base

        European CLOs are experiencing a shift in structure and complexity in order to meet the demand of in...


  • Job Swaps

      • Lehman trio joins investment group

        The latest company and people moves

        Lehman trio joins investment groupCitadel Investment Group has hired three members from Lehman's fix...


  • News Round-up

      • GSE auction surprises market

        A round up of this week's structured credit news

        GSE auction surprises market The first stage of the FNM/FRE auction process has completed with some...


  • Research Notes

      • Trading ideas: luxury tax

        Byron Douglass, senior research analyst at Credit Derivatives Research, looks at an outright short o...

        America awoke to the realities of the intersection between Wall Street and Main Street last week. Wi...



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