CGCs: China’s murky credit channels

Ostensibly designed as middlemen to safely channel bank credit to the neglected private sector, credit-guarantee companies have not been content with this fee-earning business.

Libyan Investment Authority: The KPMG reports

When two management reports from 2010 audited by KPMG were leaked to the campaign group Global Witness and released online, the world was given a remarkable insight into where the LIA had invested.

Are European CLOs back from the dead?

Astonishing investor inflows into the loan market on both sides of the Atlantic since the beginning of the year have raised the tantalizing prospect of the CLO market returning to Europe.