HiI was wondering if anyone has any information on Deustche Asset Management's Power rating Model.Is it a reduced form model ?Any info greatly appreciated.RegardsDrew

HiI was wondering if anyone has any information on Deustche Asset Management's Power rating Model.Is it a reduced form model ?Any info greatly appreciated.RegardsDrew

What should investors look at when considering investing in CDOs ?What handle can asset mangers get on these things apart from reunning them through the CDO evaluator etc ?What questions should investor ask Investment Banks that bring them to the market ?Many thanks

<t>It has been driven higher in recent times by a combination of factors:It is a commodity currency and commodity prices are very strong.Australian rates are higher and the RBA tightened todayWeakness in the GreenbackWhether it is over or undervalued you need to consider outlooks and critically Purc...

<t>HelloI was wondering what the consensus is on valuing a private asset manangement company. A friend of mine has a minority equity holding in an asset management company. He wishes to leave and realise the value of equity. The problem is the value of that equity.Some ofbthe other equity holders in...

<t>I was wondering if anyone can resolve a question for me ? It was my understanding that to get a specific rating for a tranche of a CDO a certain level of subordination was required. If defaults in the pool occur this subordination is eaten up, possibly leading to a downgrading of the tranche. I t...

<t>Hi We just some guys in here form an investment bank selling their latest CDO. While they were here they demonstrated their offering on S & P's CDO Evaluator V2.Onr of these guys was showing how credit downgrades would affect the level of subordination and thus the rating. He changed three BB...

HiI am new to this particularly topic so please excuse my ignorance.I am trying to work out how you ascertain whether a convert is fairly priced in a relative sense. Is it a matter of comparing YTM or yield to call of converts with similar ratings and vols ?ThanksDrew

Thanks Nonius

HelpCan someone tell me how to estimate an appropraite credit spread, once I have an EDF ?Thanks

<t>HiCan someone tell me how to estimate a fair value credit spread over the zero curve for corporate debt ? The information that I have is a probability of default, assumption on recovery rate, maturity. I also have solved for asset value and volatility as well as equity value and volatility and fo...

Thank you

HiCan someone step me through how I might use a copula to model joint probabilities of default in Excel. I have been in markets for awhile but I am not esoecially quantitative.If someone could explain all the steps I would be most grateful

I am still not sure how the WARF translates into an average probability of default.Thanks

Many thanks for your help