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CLO investors seek evolution
Further structural evolution remains a priority for the US CLO market, with respondents to JPMorgan'...
News 7 January 2014 -
HQLA move welcomed
Further details have emerged on the EBA's updated definition of high quality liquid assets (HQLA) in...
News Round-up 24 December 2013 -
Cherry picking
Euro relative value trades explored
The European securitisation market offers a number of relative value opportunities going into 2014....
News Analysis 24 December 2013 -
Rules of engagement
Dialogue helps take edge off regulatory requirements
Regulatory decisions and indecision have set the tone for structured finance around the world since...
News Analysis 24 December 2013 -
SCI Start the Week - 23 December
A look at the major activity in structured finance over the past seven days
Pipeline A limited number of deals joined the pipeline last week and of those only one remained com...
News 23 December 2013 -
Risk tension
Risk retention pivotal for Euro CLO market
European CLOs continue to perform well, despite regulatory actions serving to constrain the market....
News Analysis 23 December 2013 -
Fixed rate bucket employed
Pramerica Investment Management has closed Dryden 29 Euro CLO 2013, its second European CLO issued t...
News Round-up 20 December 2013 -
Volcker Rule spurs CLO sale
BankUnited has disclosed that it sold its CLO holdings, as well as some Re-Remic positions on the op...
News Round-up 20 December 2013 -
Caution urged on CLO risk retention
The Loan Syndications and Trading Association (LSTA) has commissioned a study conducted by Oliver Wy...
News Round-up 19 December 2013 -
First-half weighting for CDO supply
JPMorgan has surveyed CDO BWIC volume from 1 January to 29 November, based on original notional bala...
News Round-up 18 December 2013 -
Euro VFNs re-emerge
PineBridge Investments has closed its €335m Euro-Galaxy III CLO, which features a variable...
News Round-up 18 December 2013 -
Italian lease ABS, SME CLO outlooks differ
Weaker structural features in Italian lease ABS compared with Italian SME CLOs mean that Fitch's 201...
News Round-up 17 December 2013 -
Diversification boost
Euro periphery to mitigate negative net issuance?
The European securitisation market is set to end 2013 on a positive footing, boosted by a growing di...
News Analysis 17 December 2013 -
CRA debuts SF approach
Scope has published its first methodology guidelines for rating and monitoring structured finance pr...
News Round-up 16 December 2013 -
Pricing change
CLO pricing methodologies and differences discussed
Representatives from Bloomberg, CIFC and Kanerai discussed CLO pricing methodologies, as well as dif...
Talking Point 16 December 2013 -
Stable outlook for German commercial ABS
The fall in German corporate insolvencies in 2013 to a 14-year low will lead to decreasing default r...
News Round-up 12 December 2013