Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an ...
The last few years have been challenging for fixed income investors. At first, interest rates were below historical averages, creating a difficult search for yield. Then the environment changed ...
NEW YORK, June 21 (Reuters) - U.S. securities regulators on Monday accused New York financial services firm ICP Asset Management and its founder of defrauding investors in a series of complex ...
Don’t mistake CLOs for CDOs - CLOs invest in senior secured loans and have built-in risk protections that have been tested through two major market crises. CLOs stand apart from other types of ...
In the simplest form of a CDO, this credit risk exposure is generated in the same way as for any asset-backed security (ABS): the CDO is backed by outright holdings of corporate debt, such as ...
The threat of spread-widening continues to lurk just under the surface of benign credit market conditions. One of the unique selling points of a hybrid CDO, Jazz 3, managed by Axa and arranged by ...
It sometimes seems that the world of finance is nothing but a series of opaque ruses designed to exemplify the expression mutton dressed up as lamb. However, after 18 months of bursting internet ...