What does bespoke mean in finance?

What does bespoke mean in finance?

A bespoke CDO is a structured financial product—specifically, a collateralized debt obligation (CDO)—that a dealer creates for a specific group of investors and tailors to their needs. A bespoke CDO is now more commonly referred to as a bespoke tranche or a bespoke tranche opportunity (BTO).

What are bespoke securities?

A bespoke portfolio is a table of reference securities. A bespoke portfolio may serve as the reference portfolio for a synthetic CDO arranged by an investment bank and selected by a particular investor or for that investor by an investment manager.

What is a bespoke index?

[i] Such indexes are sometimes called “bespoke indexes” because they are built at the request and to the specifications of a single sponsor in contrast to broad-based indexes used by asset managers and investors as benchmarks.

What is a bespoke swap?

A highly customized swap, usually constructed around the needs of a sophisticated investor with specialized risk exposure.

What is another word for bespoke?

What is another word for bespoke?

custom customisedUK
customizedUS custom-made
custom-tailored made-to-order
tailored tailor-made
commissioned custom-built

What bespoke strategies?

Bespoke Strategies is an Investment Advisory firm based in Richmond, United States. The firm constructs all-weather portfolios that should protect in challenging markets and participate in stronger market environments. The assets are managed by an executive team.

Which banks sell bespoke tranche opportunity?

Today, many large banks are involved in the trade of bespoke tranche opportunities, including Citigroup Inc. (ticker: C), Deutsche Bank AG (DB), Goldman Sachs Group Inc. (GS) and JPMorgan Chase & Co. (JPM).

What type of a security is mortgaged back security?

Mortgage-backed securities, called MBS, are bonds secured by home and other real estate loans. They are created when a number of these loans, usually with similar characteristics, are pooled together. For instance, a bank offering home mortgages might round up $10 million worth of such mortgages.

How do you use the word bespoke?

Bespoke sentence example

  1. Made-to-measure tailored suits, also called bespoke suits, have never been inexpensive.
  2. My grandfather was from five generations of tailors and trained in Saville Row to become a bespoke tailor.
  3. The designer is located in Utah and appointments for fittings are necessary for bespoke gowns.

What is the best synonyms for bespoke?

Synonyms & Antonyms of bespoke

  • custom,
  • custom-made,
  • custom-tailored,
  • customized,
  • made-to-order,
  • tailor-made,
  • tailored.

What does bespoke mean in finance? A bespoke CDO is a structured financial product—specifically, a collateralized debt obligation (CDO)—that a dealer creates for a specific group of investors and tailors to their needs. A bespoke CDO is now more commonly referred to as a bespoke tranche or a bespoke tranche opportunity (BTO). What are bespoke…