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Fidelity, Invesco, Lazard funds take hit from Credit Suisse AT1 bond write-down as lawyers line up claims
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Fidelity, Invesco, Lazard, Pimco and GAM are among the asset managers whose holdings in Credit Suisse bonds have been wiped out, as lawyers line up potential claims following the bank's landmark acquisition by UBS.
The asset managers run funds with some of the largest exposures to Credit Suisse's Additional Tier 1 bonds, according to data provided to Financial News by Morningstar.
AT1...
Read more on fnlondon.comAbout this in other media
Some Credit Suisse bondholders see gains after UBS’ takeover despite $17bn AT1 wipeout fnlondon.com /1 year ago
The Swiss claim the U.S. banking crisis ultimately toppled Credit Suisse. But are they right? cnbc.com /1 year ago
Lazard, BlackRock sustainable funds caught in Credit Suisse AT1 bond wipeout fnlondon.com /1 year ago
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