For several years now, investors have asked their bankers for increased transparency in CDOs, and recently several firms have taken strides to provide more portfolio-specific information to investors outside of the deals. But what's in the front seat driving this trend? And are these real strides or marketing ploys?
Competing for market share, trustees such as Wells Fargo and JPMorgan Chase have touted their deal reporting. A few years back, Wells began marketing its investor Web site. All three rating agencies have made significant headway in their individual surveillance products and indices.