Manager launches correlation fund
Manager launches correlation fund

European permanent capital vehicle shrugs off subprime woes
European Equity Tranche, a closed-ended structured finance investment vehicle has said it is unaffected by the problems in the US subprime market

Mystery buyer bids for Deerfield
Mystery buyer bids for Deerfield

Sub-prime crunch hits ABS CDO warehouses
Sub-prime crunch hits ABS CDO warehouses

Financial Stocks staffs up and rebrands
Cincinnati and New York-based investment manager Financial Stocks is rebranding itself as part of an expansion drive

Credit manager says subprime RMBS exposure limited
Credit manager says subprime RMBS exposure limited

Traders scramble for protection as ABX tranches launch
The launch of tranches on North America’s ABX HE index saw huge P&L swings, say traders

Dealers pull synthetic CDOs after DBRS bombshell
DBRS’s retreat from its unique approach to liquidity has forced several synthetic CDO dealers to cancel a number of large trades

ABX HE meltdown threatens tranches
The recent meltdown in North America’s home equity index ABX HE may severely impede the market’s ability to trade tranches of the index

Primus reports revenue growth
Primus reports revenue growth

ABX tranches set to launch despite volatility
ABX tranches set to launch despite volatility

New capital flows into credit hedge funds
New capital flows into credit hedge funds

DPC ramp-up drives in senior spreads
While most of the credit market eased into the first week of the New Year, correlation traders’ return was marked by a flurry of activity. Reports that two DPCs may be approved by rating agencies in the first quarter drove spreads tighter at longer-dated senior attachment points

Macro funds spook ABX dealers
Macro funds spook ABX dealers

Traders take off shorts ahead of break
Traders take off shorts ahead of break

CDO equity fund targets CLOs
CDO equity fund targets CLOs

Correlation traders tune in to rating methodologies
Correlation traders tune in to rating methodologies

Omicron launches closed-ended fund of senior ABS
Omicron launches closed-ended fund of senior ABS

Highland vehicle fuels new CDOs
Highland vehicle fuels new CDOs

Credit fund moves to Aladdin
Credit fund moves to Aladdin

Single names drive Dura auction price lower
Single names drive Dura auction price lower

Dollar fall catches credit market on the hop
Dollar fall catches credit market on the hop

Barcap markets synthetic CDO of Indian convertibles
Barcap markets synthetic CDO of Indian convertibles

Dealers agree terms for ABX tranches
Dealers agree terms for ABX tranches

GFI launches tranche fixings
GFI launches tranche fixings