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Société Générale Asset Management Alternative Investments and New York-based hedge fund shop AM Investment Partners have teamed up to launch a global volatility and convertible fund.

Standard & Poor's has responded to rapid growth in the European CDS on ABS market by including the assets in its new version of the synthetic CDO monitoring tool Accelerator.

Matt Nadel, senior v.p. and equity derivative prop trader at Swiss Re in New York, has left the firm after just over a year.

The nascent index tranche options market is being held back because few dealers are willing or able to quote prices, preventing a liquid market from taking shape.

--Eric Slighton, head of Asia-Pacific credit derivatives at Barclays Capital in Hong Kong, explaining the bank's decision to build out its Japanese structured credit business, in spite of strong competition and the tight spread environment.

UBS has closed a novel collateralized bond obligation in Taiwan, referenced to a portfolio of structured interest rate notes.

Kensington Group has put its recent problems with RMS 15 and 16 behind it, pricing RMS 21, its largest securitisation to date, with all tranches either at the tight end or within guidance via Barclays Capital, RBS and WestLB.

Goldman Sachs and Lehman Brothers bought a Eu1bn portfolio of real-estate loans from German insurer AachenMuenchen (AMBGenerali).

Banque PSA Finance, the finance arm of French auto manufacturer Peugeot, restructured its securitisation of German auto loans last week, altering the deal's eligibility criteria and increasing its reserve fund to avert an early redemption. The move came as a response to changing conditions and fierce competition in the German auto loan market, which made it hard for the company to originate enough receivables that complied with the original eligibility criteria. Without the changes the deal would have had to enter early amortisation, just under 20 months into its three year revolving period.

Breaking the habit of a lifetime, Santander Central Hispano is publicly marketing a securitisation of its own assets to obtain term funding.

Scotia Gas Networks, the company that has acquired two of the UK's regional gas distribution networks, this week priced a highly successful structured bond that is also one of the largest corporate issues of the year.