Citi Pushes FX, Credit Correlation Play

Citigroup is recommending investors take a view on fx spot movements and credit spreads while volatility and correlation between the asset classes is still relatively high by historical standards.

  • 11 Mar 2010

--Katy Burne

Citigroup is recommending investors take a view on fx spot movements and credit spreads while volatility and correlation between the asset classes is still relatively high by historical standards.

The firm is advising investors to use quanto credit default swaps, which are triggered for settlement if a borrower ...

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Rank Lead Manager Amount $m No of issues Share %
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1 JPMorgan 13,024.03 55 8.90%
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