Not everyone is worrying about the turn in the credit cycle and rising defaults in US subprime mortgages - for credit derivatives product companies (CDPCs) such as Invicta Credit, it has opened up new possibilities. So says Invicta's president, New York-based risk specialist Ian Hawkins.
"In light of events in the subprime market, there are more opportunities there than we might have expected earlier in the year," he says. The shake-up in the subprime sector has resulted in wider spreads, which i
The week on Risk.net, October 6-12, 2017Receive this by email