Banks, for example, purchase credit default swaps to hedge against potential losses by borrowers. Pension funds, insurance companies, bond holders, and other institutions also use swaps for the ...

It is very hard to say to what extent credit default swaps and the positions of the various partners of the various institutions with swaps play in their decisions. Certainly for hedge funds it ...

A former managing partner of BlueMountain Capital Management is nearing the launch of a specialist credit hedge fund, in the latest sign ... triggering credit default swaps, after a French court ...