Weekly Issue Archive »

Issue 433 - 17th April

  • News Analysis

    • CLOs

      • Growing appetite

        US managers targeting CLO-hungry Europeans

        US CLO managers are tapping strong demand from European investors for CRR-compliant paper. The originator route appears to be the most accessible structuring route for now. "So far nine US CLOs have been issued in compliance with European risk rete...

  • SCIWire

    • Secondary markets

      • Euro secondary stays slow

        The light BWIC volumes seen in European securitisation markets throughout the much of the Easter hol...

      • Euro ABS/MBS static

        The European ABS/MBS secondary market remains quiet but well-supported. "Secondary ABS/MBS is stil...

      • US CLO lull continues

        The lull in US CLO secondary market activity is continuing despite the small increase in the BWIC ca...

      • Euro ABS/MBS ticks over

        Dynamics in the European ABS/MBS secondary market remain unchanged as it continues to tick over. "...

      • US CLOs holding up

        Despite continuing low levels of activity the US CLO secondary market is holding up. "It's still v...

      • Euro peripherals weaken

        Concerns over Greece have finally fed into the European ABS/MBS secondary market. Amid a short spi...

      • Euro CLOs stay strong

        The European CLO secondary market appears to continue to be insulated from broader market concerns. ...

  • News

    • Structured Finance

      • SCI Start the Week - 13 April

        A look at the major activity in structured finance over the past seven days

        PipelineSeveral deals were added to the pipeline last week as the market started up again after the Easter break. These included seven ABS, three ILS and three CMBS. The ABS were: €455m Alba 7; US$554.45m ARI Fleet Lease Trust 2015-A; US$...

      • ABSPP rethink proposed

        While the ECB's ABSPP has brought benefits to the market, it has also underwhelmed. Increasing transparency could do more to support the recovery of eurozone ABS and translate into improved credit flows to the real economy. ECB purchases after the...

  • Job Swaps

    • Structured Finance

      • SF director tapped

        First Names Group has hired Keat Cheng Chin as structured finance director. He will be involved in i...

      • Debt advisory head poached

        Jason Green has joined Investec Investment Banking as head of debt advisory. He will focus on provid...

      • European chief replaced

        Nicholas Pappas has joined BlueMountain Capital Management as ceo of its European operations, based...

      • Freddie beefs up

        Freddie Mac has appointed Anil Hinduja as evp and chief enterprise risk officer, responsible for pro...

    • CDO

      • Trups CDO case concluded

        The London High Court has ruled in favor of Taberna Europe in a misrepresentation judgment against f...

      • CDO manager swapped

        Chotin Fund Management has resigned from its role as the collateral manager for Mercury CDO 2004-1 a...

    • CDS

      • Derivatives partner named

        Ashurst has promoted Jasmine Tiw to partner in its securities and derivatives practice. She was prev...

      • SEF names director

        Robert Pickel has been hired as non-executive director of Tradition SEF's board. Pickel stepped down...

    • CMBS

      • Work-out vet poached

        Case Property Services has recruited David Balaj as director and work-out project manager, responsib...

      • CMBS team reinforced

        Walker & Dunlop has added Chris Charboneau and Randy Efron to its commercial property fundin...

    • Insurance-linked securities

      • ILS president recruited

        TigerRisk Partners has hired Tony Ursano as president. In his new role, he will seek to help grow th...

      • ILS pair named co-ceos

        Willis Group has promoted Rafal Walkiewicz and Michael Guo to co-ceos to lead Willis Capital Markets...

    • Risk Management
    • RMBS

      • Broker hires RMBS director

        Madison Paige Capital has appointed Dan Lichtenberg as md. He arrives from Bank of America Merrill L...

      • MBS sales pro tapped

        Joseph Bevilacqua has joined Robert Baird & Co as a director. He arrives from Stifel Financi...

  • News Round-up

    • ABS

      • EMEA auto ABS surveyed

        Fitch says that transactions across the most active auto ABS jurisdictions in the EMEA region share...

      • February liquidations hit

        April US CMBS remittances indicate that five loans totalling US$77.6m in balance have been liquidate...

      • CMBS pay-offs fluctuating

        Trepp says the percentage of US CMBS loans paying off on their balloon date increased in March to 64...

      • Sears JV exposure gauged

        Sears is set to form another real estate joint venture, with Simon Property Group (SCI 7 April), inv...

      • REO properties up for bid

        Auction.com data indicates that 49 properties with US$320m in balance across 37 CMBS loans are out f...

    • Insurance-linked securities
    • NPLs

      • European NPL fund debuts

        Sciens Alternative Investments and PVE Capital have launched the PVE European Distressed Fund I, a c...

    • RMBS

      • Banks eyeing MSR purchases

        Recent fallout surrounding Ocwen is bringing US banks back to the market in greater numbers as buyer...

      • Boost for Spanish housing

        An increase in mortgage lending in Spain over the last year could help the housing market to recover...

      • MSR sale due

        JPMorgan plans to transfer 4,138 loans from 12 US RMBS transactions to Select Portfolio Servicing (S...


Print this issue Click here to access this issue in print format
×