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New asset manager rating criteria released
Fitch has published criteria for assigning ratings to credit-oriented asset managers. The criteria w...
News Round-up 29 July 2009 -
Global SF rating action remains negative
Fitch says that negative rating action continued to be prevalent for global structured finance in Q2...
News Round-up 29 July 2009 -
CDO jurisdictional issues come into play
UK courts are next week set to decide on jurisdictional issues relating to the Dante CDO. Following...
Job Swaps 29 July 2009 -
Monoline hit by continuing CDS losses
Ambac expects to report that estimated statutory impairment losses on credit derivatives increased b...
Job Swaps 29 July 2009 -
US CDO manager to be replaced
The collateral manager of Acacia CDO 6 - Redwood Asset Management - is to be rep...
Job Swaps 29 July 2009 -
ABS CDO issuance remains muted
Since July 2008, S&P has lowered its ratings on 107 tranches of cash or hybrid ABS CDOs and...
News Round-up 29 July 2009 -
CDPC downgraded
S&P has lowered its issuer credit, senior subordinated and subordinated note ratings on Athi...
News Round-up 29 July 2009 -
Revised SME CLO criteria released
Fitch has published its revised criteria for rating CLOs of granular pools of smaller corporate loan...
News Round-up 29 July 2009 -
Advisory firm to manage defaulted CDO
Annaly Capital Management's wholly-owned subsidiary Fixed Income Discount Advisory Company (FIDAC) h...
Job Swaps 29 July 2009 -
Morgan Keegan charged over ARS
The SEC has charged Tennessee-based broker-dealer Morgan Keegan & Company for misleading tho...
Job Swaps 29 July 2009 -
Wealth manager hires in structured credit
The international arm of RBC Wealth Management, part of Royal Bank of Canada, has recruited Wasim Af...
Job Swaps 29 July 2009 -
Synthetic CDO notes repurchased
The issuer of ARLO VI, a European synthetic CDO, has repurchased all outstanding notes of the class...
News Round-up 22 July 2009 -
CDO collateral advisor replaced
Stone Tower Debt Advisors has replaced Bear Stearns Asset Management (BSAM) as collateral advisor on...
Job Swaps 22 July 2009 -
Permacap considers mezzanine investments
As of the end of June 2009, the GAV of Volta Finance was €56.2m against €56.1m a...
Job Swaps 22 July 2009 -
Prop trader joins bespoke investment manager
Bespoke investment manager Glendevon King has hired a new portfolio manager. Nicola Marinelli has jo...
Job Swaps 22 July 2009 -
Manager replacement for ABS CDOs
Aventine Hill Capital is set to replace Terwin Money Management as asset manager on the Cascade Fund...
Job Swaps 22 July 2009