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Showing 21 - 30 of 38 results for "Collateralised Debt"

Councils take action on CDOs

MICHELLE BALTAZAR AND RUTH LIEW  |  MONDAY, 18 FEB 2008
... ABC's Inside Business this week that 35 to 40 councils have so far been affected by the massive devaluation of Collateralised Debt Obligations (CDOs). The New South Wales' Wingecarribee Shire Council for example has taken legal action in the Federal ...

Singapore and ME fund swoop on UBS

WWW.THESHEET.COM  |  TUESDAY, 11 DEC 2007
... more than enough to offset the UBS write down of US$10 billion in the value of its holdings of sub-prime, collateralised debt obligations and related securities. The deal follows Citigroup recently agreeing to sell a $7.5 billion stake to the Abu Dhabi ...

Raging bull in sub-prime abattoir

SUZY MAC  |  THURSDAY, 25 OCT 2007
... $2.24 billion is six times worse than their October 5th estimate. The investment bank said the losses were in collateralised debt obligations (CDOs), and defaulting sub-prime mortgages related to the US housing problems and global credit crunch. Merrill's ...

Diversification under the microscope

MICHAEL HOBBS  |  TUESDAY, 18 SEP 2007
... diversification because a lot of people probably thought they were diversified having 80 to 90 per cent in [collateralised debt obligations] CDOs and those structures lost complete liquidity." "Diversification across a number of different metrics is ...

On the sub-prime defensive

SUZY MAC  |  TUESDAY, 28 AUG 2007
... Bank Governor, Glenn Stevens, had raised concerns over local councils' heavy investments in the same type of Collateralised Debt Obligations (CDOs) that were bringing hedge funds undone. Meanwhile, many councils have reported huge paper losses, and more ...

Councils exposed

SUZY MAC  |  THURSDAY, 23 AUG 2007
Almost a year ago, when local councils started developing an appetite for Collateralised Debt Obligations (CDOs) after tasting their higher yields, concerns were raised over their involvement these kind of riskier investments. Now, with many CDOs exposed ...

Sub-prime dominoes falling

... has been a leading investment adviser to local councils and has raised $50 million through its Federation collateralised debt obligation (CDO), which offered diversification from corporate and bank credit. Offering a fixed-term return of 7.6 per cent ...

Basis Capital suspends yield fund

WWW.THESHEET.COM  |  TUESDAY, 17 JUL 2007
... that it had to deal with liabilities to its financiers. The fund, which invests in credit derivatives such as collateralised debt obligations, collateralised loan obligations and sub-prime mortgage backed securities, reported a loss of 13.7 per cent ...

Statewide launches target return investment option

ALEX DUNNIN  |  TUESDAY, 20 MAR 2007
... Statewide Target Return Option invests entirely in infrastructure, property, private equity, forestry and collateralised debt. Statewide is following the lead of MTAA Super Fund that also offers a similar strategy. Both funds are advised by Access Economics. ...

Big banks pursue more exotic securitisation schemes

WWW.THESHEET.COM  |  WEDNESDAY, 11 OCT 2006
... Fitch Ratings, issuance of credit derivatives, CLOs and related products such as credit default swaps and collateralised debt obligations, increased 122 per cent over 2005. Fitch said demand for these products is coming from hedge funds, pension funds ...