Refine Search
Article Categories
Strategy Tags
- Direct lending (2)
- Emerging markets (5)
- High yield bonds (51)
- Investment grade credit (21)
- Structured credit (28)
- CLO (31)
- Distressed debt (5)
- Leveraged loans (31)
- Real assets (2)
Geography Tags
-
There will surely be jewels in the high yield dung heap, but the risk-reward is more compelling in IG
3 years ago
Whatever the long-term effects of the pandemic, one thing stays the same: IG looks attractive -
Where are the gloating I-told-you-so columnists who claimed CLOs would bring global destruction?
3 years ago
We have seen a measured response to the coronavirus crisis: fund managers aren’t collapsing and investors are not shunning CLOs -
Points up front: Blame it on capitalism
3 years ago
You know it’s a tough month for returns when a hedge fund manager quotes Lenin and laments that capitalism and globalisation have failed to distribute wealth efficiently -
Miscast as the villains of the 2008 crisis, CDS may prove to be the heroes of 2020
3 years ago
Credit default swaps provide investors with valuable signals on the depth of the coronavirus crisis -
Investors need to ask: can my asset manager survive the crisis?
Mergers, declines in assets and changes in risk profile can signal that an investment manager is not as healthy as it was -
Past returns: the genesis of managed CSOs
4 years ago
Five years ago, we reported that managed CSOs were being discussed for the first time since the financial crisis. -
2020 will be about relative value, watching for idiosyncratic risk and a good deal of running away
4 years ago
Investors must embrace change — it’s time for structured credit investors to look beyond vanilla CLOs -
You need a balanced portfolio that’s ready for calculated risk taking — so consider a barbell approach
4 years ago
Investors can’t afford to be too conservative as they prepare for the end of the cycle -
It's imperative to remain in liquid assets and this makes CDS indices attractive
Mohammed Kazmi of Union Bancaire Privée takes our credit quiz
-
Don’t get too comfortable. The truth is there are hundreds of things that could be catalysts for a sell-off
4 years ago
Just because there’s no obvious sign of a sell-off, doesn’t mean it’s not going to happen. Often, market moves defy logic -
Farewell Mike
4 years ago
After two decades, Mike Peterson, the founder and long-time editor of Creditflux, is moving on. -
Points up front: There are lies, damn lies and awards pitches
4 years ago
We’re hearing empty boasts, trash talking of their rivals and no shortage of promises that will absolutely be delivered. -
It may seem a bit rich for Welshcake to tell staid CLO investors they need to be more sensible
4 years ago
Bespokes are the next big thing — and you’d be wise to get involved -
If you can stomach volatility, CLO equity is very attractive
Brandon Cahill of BlueMountain Capital Management takes our credit quiz4 years ago -
Helicopter money is more productive than sponsoring the next bout of company share buybacks
4 years ago
The ECB is set to recommence its asset purchase programme, but what’s wrong with putting money directly into the hands of people? -
Points up front: Benefits of being unethical
4 years ago
Investing ethically is increasingly becoming part of a credit manager’s mandate, with environmental, social and governance (ESG) strategies all the rage. -
Tourists have turned high yield into a sketchier neighbourhood… IG credit could be the answer
4 years ago
Using CDS to exploit roll-down in IG credit can generate good returns even in a low-rate environment -
What price lender integrity if myriad interpretations mean nobody knows where they stand?
4 years ago
Net short language is seeping into loan documentation. The problem is that some funds may not know their net position -
They said it: "I saw a CLO OM which ran 484 pages"
4 years ago
At Creditflux’s Credit Dimensions event, JP Morgan’s Zaheen Mir argues that CSOs are simpler to understand than CLOs -
The synthetic bespoke market could definitely do with the company of the rating agencies
4 years ago
It’s about time CSOs opened the door to the rating agencies — it would be good for investors and the agencies -
I still love to sit in front of computer screens to try and understand markets
4 years ago
Jochen Felsenheimer of Xaia Investment takes our credit quiz -
The resolution of narrowly tailored credit events is a leap forward for the CDS market
4 years ago
Isda is replacing the mechanistic determination of a failure-to-pay credit event with a more subjective rule -
Points Up Front: What’s a welshcake?
4 years ago
Our new guest columnist, Welshcake, has developed quite the following since debuting two months ago, with potshots at mainstream media coverage of the credit derivatives market, as well as taking loan market participants to task for their transfer fees -
You can’t time everything 100% correctly, but being too early can be a mistake
5 years ago
ArrowMark's Kaelyn Abrell takes our credit quiz -
So lacking in transparency are CDS that they cloak themselves with standardised docs and definitions
5 years ago
A glance through mainstream media reports confirms that credit default swaps are as sinful as the media thinks they are, says our columnist Welshcake
Want all the latest news, comment, analysis and data?