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Showing 251 - 260 of 306 results for "Tranche"

Absolute Capital suspends redemptions

WWW.THESHEET.COM  |  THURSDAY, 26 JUL 2007
... included other asset backed securities. He said its sub-prime CDO holdings did not include CDO equity, the lowest rated tranche in the structured credit portfolio that is exposed to any initial loss. Last night Harding-Davis said the structured credit ...

Absolute differences among hedge funds

WWW.THESHEET.COM  |  FRIDAY, 20 JUL 2007
... Absolute funds. "Our fund does not use leverage. And it does not invest in CDO equity (CDO equity refers to the lowest rated tranche in the structured credit portfolio that does not earn a coupon but takes any leftover cash flow and is exposed to any ...

Allco opens door to Malaysia

HAMISH MADDEN  |  MONDAY, 28 MAY 2007
Allco Finance Group has entered into a joint venture arrangement with Malaysia's second largest financial services provider to pursue opportunities in the region. Allco and its joint venture partner in Malaysia CIMB Group will first launch the CIMB ...

ING set to ride structured credit wave

CHRIS NICHOLLS  |  THURSDAY, 26 APR 2007
ING Investment Management (INGIM) has launched a new diversified, high-yield leveraged investments product - INGIM Global Yield Maximiser. The product intends to ride the wave of growth in structured credit in particular, and will invest in a range ...

Challenger buys into Homeloans

WWW.THESHEET.COM  |  MONDAY, 26 FEB 2007
... be for $38 million and buy Challenger a further 27.6 per cent stake in the company. Challenger will thus buy the first tranche of shares for 80 cents and the second in a few months at $1.20. Shares in Homeloans traded in a range between 50 cents and ...

Two-thirds of RMBS bonds going to overseas investors

WWW.THESHEET.COM  |  TUESDAY, 13 FEB 2007
... bank's mortgage securitisation vehicle. The securities are being issued in Australian and US dollars and euro. A second tranche of AUD securities are being issued as "slow pay" securities - they will have a longer weighted average life and will pay a ...

Westfield raises US$1.5 billion

WWW.THESHEET.COM  |  FRIDAY, 29 SEP 2006
Westfield Group has taken the opportunity to extend the maturity profile of its funding with a US$1.5 billion issue of senior guaranteed notes that were priced into the US corporate debt market last Thursday. The notes were structured in two tranches ...

Zurich upgrades policies for free

Zurich Financial Services Australia has upgraded more than 50,000 life risk insurance policies for free as part of its ongoing program to improve its products. Clients who are eligible for the free upgrade will benefit from an increase in their maximum ...

Future Fund will not inflate asset prices

AAP  |  WEDNESDAY, 15 JUN 2005
... asset classes and would likely be managed by private sector fund managers. Dr Oliver also noted that the sale of the final tranche of the government's stake in Telstra next year would soak up a lot of investment money in the Australian market for at ...

ABN Amro launches ethical approach to CDOs

... of 30 credit events can occur before eating into the investor's investment. The REEF investor invests in an AA- rated tranche. RepuTex's chief executive officer Laurel Grossman says the comprehensive screening process and independent CSR rating ensures ...