News

CDS players smell a rat after Rentokil’s private bond issue
Discount rules halt CLO trading
Morgan Stanley sells CDPC to Magnetar
Credit spreads shift as investors quit autos and media sectors
Markit loan identifier revamp intensifies standards battle
CSO investors brace themselves for low recoveries on Icelandic banks
US insurance regulators step up efforts to rule credit default swaps
Funds flee investment banks and seek JP Morgan as prime broker
Barclays Capital hires Lehman stars as it pushes into CDX big league
CLOs use overcollateralisation cushion to move up in quality
Junk bond issue will crystallise losses on jumbo buy-out loan
Equity investors in BlackRock-managed UBS fund set to lose almost entire stake

Comment

Forget credit. Here is credit version 2.0
Why didn’t we act when we could?

Analysis

Lifting the lid on CDO performance
Structured credit outperforms as hedge fund returns diverge

Profile

Viewpoint: Diversification pays
Stanfield gets back to basics

Deals

Investors sniff potential for further widening of triple A CLO spreads
$100 million a week flows through secondary market for funded CSOs
Australian CSO investors hope for windfall pay-out