Monday, September 13, 2010

Are CDO Equity investments admissible under UK Pru rules?

I am writing a paper on UK institutional investing in Collateralised Debt Obligations (CDO), specifically CDO Equity. I was researching UK insurers, and the relevant legislation (PRU admissible assets). Have any UK insurers managed to make a CDO Equity investment ';admissible';, and if so how?