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Royal Liver Asset Managers is planning to launch a UCITS III structure this year which will make full use of derivative products and will likely be sold in Ireland as well as the U.K.

Single-tranche collateralized debt obligations referenced to high-yield credit derivatives are starting to gain traction because of a combination of increasing liquidity in the underlying swaps and investor demand for yield.

Wachovia Securities has added another two staffers to its expanding U.S. equity derivatives presence.

Implied volatility on the euro/dollar currency pair nudged up last Wednesday as the dollar depreciated against the euro.

U.K. thrifts have started to take a closer look at using credit derivatives to bolster their investment portfolios.

WaMu Capital Corp. has hired a slew of Wall Street veterans for its office in New York as part of its move toward becoming a full-service structured finance broker-dealer.

--Tyler Wolfram, a partner with Oak Hill Capital Partners, on the sale of Caribbean Restaurants to Castle Harlan.

Credit Suisse First Boston has merged the cash and synthetic rates sales teams, on the heels of the recent integration of the cash and derivative credit sales efforts.

Source: Thomson Financial/Securities Data. For more information, call Rich Petersonat (973) 645-9701.

European high-yield issuers are pushing the envelope on new offerings, but investors are not biting.