• Reaction to the US sub-prime crisis shows how global credit markets have matured.
• Investors now have a wide range of products in which to express a view on credit.
• CPDOs are the starting point for a new range of products that will be spread-based and rated.
• Ratings are important to expanding the product range but investors should be cautious about investing on the basis of them.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
