The IACPM is a non-profit organization dedicated to advancing the practice of credit portfolio management.
IACPM Weekly SmartBrief
Essential News for Credit Portfolio Management Professionals
Expected overhaul of CDS sector sends prices tumbling
U.S. banks take on higher risks to boost corporate loan volume
Contact: Som-lok Leung +1 (646) 289-5434 or Marcia Banks +1 (646) 289-5432.
Please read the Press Releases below for recent updates on IACPM projects, activities and personnel.
04/18/2013 |
IACPM Credit Outlook Survey Close to Neutral as Outlook for Credit Spreads Eases |
| Respondents to the latest IACPM Credit Outlook Survey took a decidedly neutral approach to the outlook for credit spreads over the next three months. The credit default outlook for the next twelve months is mixed. |
01/17/2013 |
Sentiment Considerably Improved in Latest IACPM Credit Outlook Survey |
| Respondents in the latest IACPM Credit Outlook Survey forecast tighter credit spreads and are less pessimistic about the prospects for credit defaults. |
10/24/2012 |
IACPM Credit Outlook Survey: Dealing with two Realities |
| Respondents in the latest IACPM Credit Outlook Survey see the risk of credit defaults rising and, at the same time, the outlook for credit spreads improve. |
07/26/2012 |
IACPM Credit Outlook Survey Lower Globally |
| Respondents to the latest IACPM Credit Outlook Survey turned sharply negative. Outlook for both credit spreads and credit defaults are uniformly lower around the globe. |
04/19/2012 |
IACPM Credit Outlook Survey Reflects Global Uncertainty |
| The latest quarterly IACPM Credit Outlook Survey reflects the global uncertainty facing the world's financial markets and economies. |
01/31/2012 |
IACPM Announces 2012 Board of Directors |
| HSBC's Derek Saunders and KeyCorp's Jeffery Weaver have been elected as Chair and Vice Chair. |
01/20/2012 |
Latest IACPM Credit Outlook Survey Reflects Bifurcating View |
| In the latest IACPM member survey on Credit Outlook the credit spread outlook for North America improved, while at the same time, the outlook for spreads among European credits turned even more negative. |
10/20/2011 |
IACPM Quarterly Credit Outlook Survey Turns Negative |
| The results of the latest IACPM Credit Outlook Survey reflect respondents' concern over European credit crisis and US economic growth. |
07/21/2011 |
Latest IACPM Credit Outlook Survey Reflects Global Uncertainty |
| Results of the latest survey are reflective of the global uncertainty regarding the outcome of the ongoing European sovereign credit crisis, as well as the outlook for the U.S. economy. |
07/06/2011 |
IACPM Participates in NUS's Fifth Annual Policy Forum |
| IACPM collaborated with the Risk Management Institute of the National University of Singapore on their Fifth Annual Policy Forum. The conference theme was "Global Imbalances and Their Risk Management Implications", and the event which took place on July 6-7, 2011, drew over 300 delegates from banks and financial institutions, central banks, regulatory agencies, and academia. |
06/30/2011 |
The IACPM Develops Initial Program for China |
| On June 14, 2011, the IACPM conducted its first meeting in China. In conjunction with Professor Chen Zhongyang of Renmin University and Tianyi Academy we presented a Forum on Credit Portfolio Management to over 35 leading Chinese banking institutions. |
04/20/2011 |
Optimism Cools in Latest IACPM Credit Outlook Survey |
| In the latest IACPM Credit Outlook survey the forecast for credit spreads and defaults is still positive but down from the previous quarter. |
03/13/2011 |
IACPM Elects 2011 Board of Directors |
| Deutsche Bank's Sean Kavanagh and HSBC's Derek Saunders have been elected as Chair and Vice Chair. |
01/20/2011 |
Outlook Survey Forecasts Tighter Credit Spreads, Fewer Defaults |
| The sentiment turned sharply higher in the latest IACPM Credit Outlook survey as IACPM members expect tighter credit spreads and fewer defaults over the next 3 to 12 months. |
10/18/2010 |
IACPM Credit Outlook Survey Turns Positive |
| IACPM members don't expect a lot of improvement but believe market conditions have at least stabilized. |
07/20/2010 |
Sentiment Turns Negative in Latest IACPM Credit Outlook Survey |
| After several quarters of improving forecasts sentiment turned negative in the latest survey of credit portfolio managers. |
04/19/2010 |
IACPM Credit Outlook Survey Forecasts Fewer Defaults |
| Despite the positive outlook for defaults, IACPM members have a mixed view of spreads, with some questioning whether spreads have overshot. |
01/21/2010 |
IACPM Credit Survey Forecasts Improved Credit Spread Outlook |
| For the first time in two years the IACPM Quarterly Survey also predicts easing defaults. |
12/10/2009 |
IACPM Announces 2010 Board of Directors |
| RBC Capital Market's Mark Hughes and Deutsche Bank's Sean Kavanagh have been re-elected as Chair and Vice Chair. |
12/03/2009 |
Credit Portfolio Managers Met in New York City at the IACPM 2009 Fall General Meeting |
| Issues discussed included the economy, credit outlook and potential new regulation and changes affecting Credit Portfolio Management. |
10/22/2009 |
Expectation for Further Defaults Falls Sharply |
| Spreads Expected to Widen But Forecast is Less Pronounced |
07/23/2009 |
IACPM Credit Outlook Survey Forecasts Wider Credit Spreads |
| Quarterly Survey Also Predicts Rising Defaults But Hints At Possible Bottom |
05/27/2009 |
IACPM Elects RBC's Mark Hughes As Chair |
| Sean Kavanagh at Deutsche Bank Elected As Vice Chair |
04/20/2009 |
First Quarter IACPM Credit Outlook Survey Forecasts Wider Credit Spreads |
| First Quarter IACPM Credit Outlook Survey Forecasts Wider Credit Spreads and Increasing Credit Defaults |
01/21/2009 |
IACPM Credit Outlook Survey Forecasts Tighter Spreads for Investment Grade Credit |
| Differing Views for High Yield; Credit Defaults Strongly Expected to Rise |
10/20/2008 |
IACPM Credit Outlook Index Forecasts Wider Credit Spreads |
| But Down From 2nd Quarter Outlook; Defaults Seen Rising |
01/29/2008 |
IACPM Elects New Board of Directors for 2008 |
| Société Générale's Allan Yarish Elected Chairperson. ANZ's Neville Mallard is Vice Chair. |
01/16/2007 |
IACPM Announces New Board of Directors: Barclay Capital's Keith Ho Elected Chair |
| IACPM Announces New Board of Directors: Barclay Capital's Keith Ho Elected Chair |
12/13/2006 |
Industry Associations Issue Joint Statement Regarding the Communication and Use of Material Nonpublic Information |
11/21/2006 |
IACPM Releases Letter Calling for Standard Cancellability in LCDS Contracts |
09/27/2006 |
ISDA, IACPM Study Supports Internal Credit Models Approach |
06/15/2006 |
New Associate Director Marcia Banks Joins IACPM |
12/12/2005 |
Sound Practices Released |
| IACPM Issues Sound Practices in Credit Portfolio Management; Sets Benchmarks For Portfolio Managers |
12/12/2005 |
Sound Practices Released |
11/28/2005 |
IACPM Announces Board Elections and 2006 Key Projects |
04/25/2005 |
IACPM Names Som-lok Leung Executive Director |