The Big Short redraws the financial crisis of 2008 in a funny and didactic way. 2008, the financial crisis, people losing jobs and houses, banks collapsing. Now you can relive it all in the cinema by watching The Big Short, with a screenplay derived from Michael Lewis’ 2010 novel The Big Short: Inside the Doomsday Machine. […]
Fraser Lundie, co-head of Credit at Hermes Investment Management, explains why security section is a crucial element of his investment approach. We look at credit in a different way to the majority of our peer group. Within the credit world, there is a sense that if you get the company right and avoid default you […]
Academics and practitioners at the latest Peregrine Perspectives debate have rejected the EU ban on naked CDS positions – which were brought in as a part-answer to the region’s sovereign debt crisis.
Derivatives market participants are trying to solve a problem that could prevent the clearing of credit default swaps (CDSs) on the Markit iTraxx Europe index – one of two index families the Commodity Futures Trading Commission (CFTC) plans to include in its initial clearing mandate, which is expected to take effect during the first quarter of 2013.
A review of securities lending flows and CDS spreads points to increasingly positive market views of Italy, says Markit Securities.
Central counterparties (CCPs) are facing regulatory delays in efforts to provide margin efficiency between single-name and index credit default swaps (CDSs). This is an issue that could cause liquidity in the CDS market to evaporate unless it is resolved, dealers claim.
AltanaFT, part of Altana Wealth, the absolute return focused investor, has launched software that monitors real time prices from credit markets, to identify the cost of risk protection.
Insurance against defaults has once again got more expensive in Europe, as CDS spreads have widened, according to data from Markit.
Fund managers buying distressed European assets tell David Walker why the gloomy business climate is a good environment for their investments.
There is no causal link between credit default swaps (CDS) and sovereign debt prices, new research published by the French EDHEC-Risk Research Institute indicates.
Hedging multi-asset portfolios requires adopting a barbell approach to managing volatility risk, says DWS’s Christian Hille
Ask European politicians ‘what is the most dangerous thing financial engineers have made in recent years?’ and many will give you just three letters: ‘CDS’.