Secondary CRT market gains traction

The coronavirus crisis has increased the prospects for a more active secondary market for capital re...

Post-Brexit divergence highlighted

Liquidity is one area of concern following the UK’s withdrawal from the EU, given that UK...

CRT sector developments and deal news

BNP Paribas is believed to be readying a capital relief trade backed by capital call facilities. The...

Innovative ILS structures creating Asian capacity

MS Amlin’s recent Phoenix 1 Re deal marks the tenth catastrophe bond issued in Singapore (...

Sector developments and company hires

Call for aircraft ABS protections Fitch reports that a material number of aircraft failed to be nov...

European asset disposals intensify

The European banking system’s disposal of non-performing loans intensified in 4Q20, partic...

Sector developments and company hires

CLO outlook updated Fitch says it expects to change a significant portion of its CLO outlooks to st...

A review of securitisation activity over the past seven days

Last week's stories CMBS sailing Stormy waters ahead and astern, but the US CMBS market has avoi...

Montepio inks first synthetic securitisation

Montepio Bank and the EIF have finalised a synthetic securitisation that references a revolving &...

Commerzbank inks private SME SRT

Commerzbank has placed a €330m mezzanine tranche that references a €6bn revolving...

Third-party risk-sharing prospects raised

The EIF has completed two synthetic securitisations with Banca Monte dei Paschi di Siena (BMPS) and...

VAT reversal results in redomiciled CLOs

A number of CLO managers have redomiciled their European deals from the Netherlands to Ireland, foll...

Sector developments and company hires

CLO team finds new home Fidelity International has established a new private credit capability wi...

New law poses risk for Spanish asset quality

Royal Decree-Law 37/2020, introduced last month by the Spanish government, extends the limitations o...

New seasoned QM category could open door to increased MBS

On December 10, the Consumer Finance Protection Bureau (CFPB) issued the final rule for the criteria...

Jordan Milman, global head of structured products at Hayfin, answers SCI's questions

Q: How and when did Hayfin become involved in the structured credit market? A: Hayfin launched a st...