(www.forbes.com) – Fitch Ratings will discuss the rapidly emerging role of hedge funds in global markets, provide a current outlook on the auto sector in light ofrising energy prices, introduce its new default/recovery analysis, and feature a presentation on the collateralized debt obligation (CDO) sector at two credit seminars to be offered next month inChicago and New York. The seminars will be held at The Fairmount Chicago on October 19, and the Marriott New York East Side on October 21. Attendance is free-of-charge; however, pre-registration isrequired, including all journalists. Conference registration begins at 8:30 a.m. and the program will run until about noon (local time).
Loss given default analysis, or its counterpart, recovery analysis, has taken on a more prominent role in credit risk management and our discussion will focus on Fitch’s new Recovery Ratings and theexpected climb in default rates in the high yield market.
