Tracking the CLO dividend deluge
Once given up for dead, many CLOs are paying equity investors huge returns. We use CLO-i to find those with the highest distributions

Growth in real money accounts drives CDS market flows
The credit default swap market has been transformed beyond recognition in recent years. We present the first ever league table of CDS counterparties by outstanding volumes.

Spotlight on CLO returns
Data submitted for the Creditflux CLO manager awards provides a valuable snapshot of the whole market

Symphony’s unfinished business
West Coast alternatives manager Symphony Asset Management was early in creating a full blown credit business. Now it’s ready to build on its track record

Reit repairs begin to pay off
After a disastrous 2009 and a period of refinancing, reits are starting to deliver strong returns again, with those active in high quality office space leading the way

In defence of the Gaussian copula
It’s been called the model that killed Wall Street, but Jean-David Fermanian argues that the structured credit market’s Gaussian copula model has been unfairly maligned

Uniqa: Staying the course
How detailed CLO modelling helped Uniqa Alternative Investments keep its investors on board through the darkest days of the crisis.

Pricing counterparty risk
In the first of our series of articles exploring technical aspects of the credit markets,
Eduardo Canabarro examines models for pricing credit valuation adjustment, or CVA

Rise of the super manager
After a slow start, manager consolidation is changing the shape of the CLO market

Broadcasters bounce back
Eighteen months ago, many broadcasters were fighting for life. But in the nick of time an increase in advertising revenue rode to the rescue. 

Credit spotlight - Mixed outlook for insurers
Exposure to mortgage-backed assets and European sovereigns has made insurance companies a barometer for the global economy

CVC Cordatus - Choosing wisely
It's portfolios are lumpy and packed with mezzanine and second lien. So why is European loan manager CVC Cordatus doing so well?

Credit hedge funds deliver the goods
Long-only credit funds have made stellar returns in the past 18 months, but credit hedge funds have delivered better Sharpe ratios

Apidos - Credit’s true believers
Few CLO managers can boast they have never failed an OC test. Apidos can, and it wants the world to know about its track record

Katonah woes put focus on public credit vehicles
Katonah Capital’s row with Deloitte, its auditor, and its restatement of the fair values of its assets, highlight the difficulty permacaps face in valuing illiquid assets

Henderson Global Investors: Telling it like it is
Henderson Global Investors is banking on its openess and its straight-talking culture to win it mandates from outside its UK base

Tracking the secondary CDO market
The Creditflux B-wic Tracker shows secondary CDO volumes staying strong and throws up some surprises amongst the managers most often mentioned Mike Peterson

Spotlight on auto makers - A long and winding road
Auto makers have turned a corner – but the ending of government incentives to consumers is just one reason to believe that progress won’t be entirely straightforward

Spotlight on airlines - Waiting for take off
The recession has seen 30 airlines go bust. Now the survivors are hoping that a predicted growth in passenger numbers will lift them back into profitability

Assenagon: the basis hunter
Negative basis used to be an easy trade. But now Munich-based credit manager Assenagon must hunt high and low for these elusive opportunities.

Viewpoint - Buy inefficiency
Hildene Capital’s Brett Jefferson and John Scannell explain the merits and perils of trups CDOs

Spotlight on semiconductors - Saved by the smart phone
Growth in sales of portable computers and hi tech smart phones is helping the semiconductor industry recover.

Credit spotlight – cash guzzlers
The recovery in oil prices has not helped refineries, where overcapacity and weak demand have seen cash reserves go up in smoke.

Alcentra: the boutique with a big backer
Once seen as a loan specialist, Alcentra now has backing from BNY Mellon and ambitions to be a major player across the global high yield market