Sat, Jul 26, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque Radio

Assessing the current condition and outlook for global sovereigns and the corporate credit space
Radio Feature Two: Professor Altman in conversation with Sona Blessing
 
Tuesday, November 16, 2010
radio Edward I. Altman is Director Credit and Debt Markets Research Progam, Max L. Heine Professor of Finance at the New York University, Leonard N. Stern School of Business. In his own words also known as Dr. Gloom, twin to Dr. Doom who is his NYU colleague Dr. Nouriel Roubini.
         Professor Altman is an international expert on corporate bankruptcy, high-yield bonds, distressed debt and credit risk and has co-developed the Z-Metrics credit analysis tool that enables investors and lenders to more accurately estimate company credit ratings and default risk probabilities.

 Download this feature as MP3 (25.18 MB)

 
Listen to the complete feature
Assessing the current condition and outlook for global sovereigns and the corporate credit space

Duration: 11:00 

 

Or listen to selected sub-features
  • Q1 - The sovereign debt crisis, particularly in Europe; the methodology for assessing sovereign risk, the drawbacks of using traditional techniques for assessing sovereign risk, his “new” research on the sovereign area. Despite the austerity measures why he thinks (and based on his analysis), the private sector should be nurtured, subsidised in some way

    Duration: 03:35 


  • Q2 - His views on correlations between debt and equity in the "current cycle" - the fact that they have grown dramatically - an investor dilemma, a conundrum …

    Duration: 01:35 


  • Q3 - I ask, Should we be using the US Treasury as a benchmark for the "risk-free rate? Should we be reassessing the way we define and measure risk?" What is the alternative? … and why Professor Altman still thinks it is a good benchmark.

    Duration: 02:06 


  • Q4 - Thoughts on sovereign debt being used as the risk-free rate by European countries? "Maybe we need to rethink the term risk-free rate because governments now are not risk free."

    Duration: 01:48 


  • Q5 - Outlook on the space, the US corporate bond market and on the US corporate bankruptcy rate …

    Duration: 01:53 



Radio Link
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag