CDO Structuring and Credit RIsk
Structured Finance: Unleash the Inefficiency
Nov 29th, 2020 | Filed under: Derivatives, CDO Structuring and Credit RIsk, Newly Added, Credit Derivatives, CAIA Alternative Viewpoints, Structured Credit Products, Structured Products
By Shreekant Daga, CAIA, CFA, FRM What is structured finance? Finance has several theoretical traditional and modern frameworks in practice. Needless to say, often the frameworks have conflicting assumptions. The sub-prime mortgage crisis is a modern classic example. Data-reliant credit rating agencies (CRAs) had not seen such a large drawdownRead More
Corporate Distress and Its Derivatives
Mar 31st, 2019 | Filed under: Derivatives, CDO Structuring and Credit RIsk, Newly Added, Event-Driven Hedge Funds, Credit Derivatives, The A.I. Industry, Structured Credit Products, Hedge Funds, Structured ProductsHenry T.C. Hu, of the University of Texas at Austin, School of Law, has written an article on the “information asymmetries” that are associated with corporations that are in financial distress, but not under bankruptcy court protection. It is an article that sends us back to the Christmas selling seasonRead More