Barclays chose riskier synthetic assets
so as to win its best against them, and chose safer cash assets to ensure that its bet would actually pay off," Space Coast wrote in its complaint, adding that the evidence "lay to rest any notions of chance and instead evince deliberate-indeed, malevolent-design.
Panelists will discuss topics including the limited scope of the current accounting and reporting rules; real examples of how CDS and TRS are used to create synthetic assets
, liability and equity, as well as conversion of liability into equity; financial innovation; and the new Chapter 11.
The second, and perhaps even graver problem, is that the legacy companies' culture is biased towards preserving their synthetic assets
A proxy for the expected return on liabilities can be developed by constructing a portfolio of synthetic assets
with a similar risk profile to the liabilities.
The collateral manager may also use the available TRS facility to gain exposure to cash assets and synthetic assets
structured as credit-linked notes and to effect conversions between cash and synthetic assets
The collateral backing the notes is a portfolio of investment-grade debt securities (bonds, loans, and structured finance securities) and synthetic assets
(total return swaps and credit default swaps) managed by AXA Investment Managers Paris S.
PWCE is equal to the sum of 10% of outstanding CP used to finance the purchase of receivable pools, and a dynamic calculation for eligible securities, corporate obligations, and synthetic assets
, with a floor equal to the greater of 1% of outstanding CP and the lesser of $50.
When synthetic assets
experience credit events or floating amount events, protection payments first come from the principal collection account, then from the reserve account, and finally the class A-1 notes are drawn upon to cover losses.
The CDO is also permitted to invest in commercial mortgage-backed securities (CMBS), CRE CDOs, real estate investment trust (REIT) debt, and synthetic assets
The CDO is also permitted to invest in real estate investment trust (REIT) debt and synthetic assets
The CDO is also permitted to invest in commercial mortgage backed securities (CMBS), CRE CDOs, REIT debt, and synthetic assets
The CDO is also permitted to invest in commercial mortgage backed securities (CMBS), commercial real estate (CRE) CDOs, REIT debt, and synthetic assets