Farewell Mike1 month 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 pitches1 month ago
We’re hearing empty boasts, trash talking of their rivals and no shortage of promises that will absolutely be delivered.
Welshcake: Don’t get too comfortable. The truth is there are hundreds of things that could be catalysts for a sell-off1 month 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
Points up front: Talking his book (which is available on Amazon)2 months ago
For listed asset managers, an earnings call is generally not the right forum to market or advertise upcoming funds. But it might be exactly the right place to try and sell your book.
- Trent Webster, Senior investment officer for strategic investments, State Board of Administration of Florida, takes our credit quiz3 months ago
Welshcake: It may seem a bit rich for Welshcake to tell staid CLO investors they need to be more sensible3 months ago
Bespokes are the next big thing — and you’d be wise to get involved
- Brandon Cahill of BlueMountain Capital Management takes our credit quiz4 months ago
Helicopter money is more productive than sponsoring the next bout of company share buybacks4 months 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 unethical5 months 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 answer6 months 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?6 months 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"6 months 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 agencies7 months ago
It’s about time CSOs opened the door to the rating agencies — it would be good for investors and the agencies
The resolution of narrowly tailored credit events is a leap forward for the CDS market8 months 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?9 months 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 mistake11 months ago
ArrowMark's Kaelyn Abrell takes our credit quiz
So lacking in transparency are CDS that they cloak themselves with standardised docs and definitions11 months 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
They said it: "I enjoy problem-solving and puzzles"11 months ago
CQS founder Sir Michael Hintze on his role as senior investment officer at the London-based credit fund manager
Points up front: Favouritism - that’s the long and short of it11 months ago
The rift between Sound Point Capital Management and its former portfolio manager Jeff Teach highlights some of the difficulties managers face when overseeing multiple funds with both competing and similar interests
I liked it when banks could hold risk and actually had inventory to shift1 year ago
Louis Gargour, CIO of LNG Capital, takes our credit quiz
Past returns: Citi kickstarts CSO market1 year ago
Five years ago in Creditflux, we reported on the revival of the synthetic CDO market, with Citi leading the push
Points up front: Creditflux makes significant SRT call1 year ago
They were once referred to as regulatory capital relief trades (or reg-cap trades), but now no one can agree on what to call them
Past returns: Oh brother, where art thou?1 year ago
10 years ago in Creditflux, we reported on perhaps the single biggest moment in the history of the credit market as Lehman Brothers filed for bankruptcy and subsequently disappeared
Past returns: secret CLO market1 year ago
Five years ago in Creditflux, we reported on the emergence of an inter-dealer market for CLOs
Points up front: super senior CSO investors wanted1 year ago
As part of a vibrant opening panel at Creditflux’s Credit Dimensions event in New York last month, we came tantalisingly close to issuing a managed CSO in front of a live audience (if you ignore formalities such as warehousing risk and sourcing single name CDS)
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