Unusual CLO structure launches

Harbourmaster Capital is roadshowing an unusual arbitrage CLO dubbed Global Senior Loan Index Fund...

Investors step up call for transparency in losses and valuations

A general feeling of investor frustration pervaded the European CDO Summit in Monte Carlo last week...

The latest company and people moves

Heads keep rollingDetails of banks' credit-related losses continued to emerge over the past week, s...

Balance sheet deals ease warehouse risk

Seven US CLOs priced during September for a volume of US$6.9bn, five of them – all leveraged loan t...

High implied correlation between CLO equity and LCDX tranches

As details of LCDX standardised tranches are clarified ahead of next week's launch, relative value...

The stability of CLO-squared tranches is discussed by JP Morgan's structured credit strategy team

It may be somewhat surprising to consider CLO-squareds (CLO2s) in the current market environment wh...

The difference between the synthetic structured corporate credit market and the structured sub-prime...

Bespoke synthetics Along with all markets using the acronym "CDO", bespoke synthetics have come un...

Status as Tier 2 capital achieved

Deutsche Bank has launched an unusual microfinance CLO. The €60m VG Microfinance-Invest deal is tho...

Investors urged to continuously vet their CDO managers

The long-predicted shakeout among CDO managers has begun. An increasing number of manager impairmen...

The latest company and people moves

Portfolio manager swap Patrick Janssen has joined Prudential M&G as a portfolio manager for th...

Mark Gold, senior partner at Hillmark Capital, answers SCI's questions

Q: When, how and why did you and your firm become involved in the structured credit markets? A: I...

Two innovative transactions lead the way

The European CLO market has returned with a flourish. Citi has structured what is thought to be the...

Issuance of sophisticated product expected through to 2008

Concerns over contagion risk from the US sub-prime crisis caused the Asia Pacific structured credit...

Opportunities in CLO and underlying markets indicate positive intent

Some signs of a recovery in the leveraged loan market have emerged over the past week. Traders say...

A round up of this week's structured credit news

Queen's Walk reports results Cheyne Capital's permacap vehicle, Queen's Walk Investment Limited (Q...

Local currency CDO and CLO launched

The past week has seen two unusual emerging market deals hit the market. Vityaz CDO I - a...