Which flavour do you favour?
We asked four direct lenders for their opinions on four fictional European borrowers operating in software, food, consumer loans and retail – and found they had similar tastes.

Don’t forget the technicals
From rating-based forced selling to central bank buying, technicals can all too often trump credit fundamentals, as some of our research picks from last month argue

How to value a coco
Converting default risk into conversion risk provides a method for valuing contingent convertibles, according to Patrick Cheridito and Zhikai Xu  

Chinese property credits: in from the cold
Increasingly prudent financial management by Chinese developers is turning their bonds into hot property among yield hungry US investors

Credit spotlight – Hot stuff
With the price of metallurgical coal tripling in a couple of years, coal credits are holding up well in turbulent markets.

Booking sky-high growth
Rapid rises in online hotel bookings are helping internet travel agencies deliver impressive hikes in revenue despite a relatively shaky recovery in travel demand. 

So, where’s the firesale?
Strategies for keeping the SIV wind-down orderly

BNP Paribas Asset Management
BNP Paribas Asset Management

End view: On the hunt for CDO value: Dynamic Credit Partners
End view: On the hunt for CDO value: Dynamic Credit Partners