Fixed Income

The fall-out from the Lehman default in 2008 should remind everybody that a negative feedback mechanism into other parts of the financial system and the real economy can create a negative-sum game for all parties involved.

Natixis played an active role in the reopening of the primary securitization market in Europe with the first French asset securitization since the beginning of the crisis in 2007 for Socram Banque (Titrisocram 2011-1).

The credit default swap market is pricing in a 65% probability of a default within the next five years.

Would it be conceivable that top-quality corporates can take over the baton of being the “risk free” investment of choice? Nestle default protection is cheaper than German sovereign protection and Wal-Mart default protection is cheaper than United States sovereign protection

The Natixis Asset Management teams have pinpointed three main themes in order to seize the market oportunities, including selectivity in the bond markets.