AXA Investment Managers is looking into issuing collateralized debt obligations for the retail market, though the project is still in the research phase. CDOs would be a good opportunity for retail investors because there is a defined expected return, said Paris-basedCatherine Adibi, head of product management and development.
AXA is one of the largest managers of synthetic CDOs in Europe and managers around EUR6 billion (USD7.2 billion) in CDOs.
