Opalesque Industry Update - Since the Greek crisis triggered the current atmosphere of instability in the Eurozone, market commentators have been speculating whether the death knell is about to ring for the Euro currency. Analysts have used SunGard APT’s market risk tools to model different Eurozone break up scenarios. To model these scenarios, they used a global factor model incorporating macro-economic factors which enables them to estimate cross-asset class effects.
• - If five countries - Portugal, Ireland, Italy, Greece and Spain (PIIGS) - leave, APT's risk models predict downgrades and losses of up to 20% in investment grade corporate debt. Listen to this FactSet podcast interviewing Dr. Laurence Wormald, SunGard APT's Head of Research, to find out how investors can gauge expected results from a possible Euro breakup, default of one of the PIIGS countries, and other scenarios for the troubled Eurozone. Source (press release) BG |
Industry Updates
Sungard: How Will Stocks in my Portfolio be Affected if the Eurozone Ceases to Exist Altogether?
Wednesday, January 25, 2012
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