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Certain asset classes have not been investing in European companies because there has not been a track record of success.
And in this harsh climate on Wall Street, investors may need to rethink some of their basic assumptions about certain asset classes and diversification.
He said Vanguard does not try to time the market by overemphasizing or underemphasizing certain asset classes in its target-date offerings.
"Banks just have to get smaller, so they're lending less and getting out of certain asset classes," said David Abrams, head of European nonperforming loan investments at Apollo Global Management in London.
Standard Chartered said it had withdrawn conditional proposals to rescue Whistlejacket because of a number of factors, including "the pace of continuing deterioration in the market for certain asset classes and the impracticality of completing any proposal within the confines of the receivership as it has evolved".
The firm has since ended speculative trading in certain asset classes and reduced its investment banking pay.
Similar(39)
Under Volcker, certain "asset-liability management" trades may be allowed.
The proposal introduced Tuesday would eliminate a provision that relates to certain asset-backed securities.
Among the provisions being re-examined is a section in both versions that deals with certain asset-backed securities.
The giant Swiss bank revealed in February that certain asset-backed securities had been priced incorrectly, but it was unclear whether it had been done intentionally.
Still, several banks, including JPMorgan, are concerned that certain asset-liability management trades might have to stop under Volcker, according to the comment letters they submitted with regulators.
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