distressed assets

Cinda prices IPO at the top to raise $2.46 billion

Investors submit more than $60 billion of orders as renewed appetite for China, attractive valuations and strong cornerstone support outweigh concerns about the distressed asset manager.

December 06, 2013

Distressed asset specialist creates IPO buzz

Cinda is looking to raise up to $3 billion from its Hong Kong listing and offers investors unique exposure to an entirely new part of China's financial sector.

November 13, 2013

Ed Altman wonders why markets are priced for certainty

High-yield credit spreads suggest the market is sanguine about credit risks, which puzzles the inventor of the Z-Score, predictor of corporate defaults.

May 04, 2010

NPLs and SMEs to provide distressed opportunities

Distressed specialists define their terminology and give their take on the market at the second AsianInvestor/FinanceAsia Distressed and Troubled Asset Investing Summit, held in Tokyo.

November 18, 2009

New breed of buyers for distressed assets emerges

Once the playground of hedge funds, distressed assets are attracting more interest from private banks, boutique firms, local players, sovereign wealth funds and institutions.

May 03, 2009

Hedge funds see Asian credit opportunity

But getting the right structure for fund liquidity to match the underlying assets, and avoiding recent errors in credit risk, will be challenges.

April 28, 2009