Financial Times FT.com

Better returns expected from latest SIV sale

By Anousha Sakoui

Published: April 28 2009 18:43 | Last updated: April 28 2009 18:43

Investors will on Wednesday bid for up to $6bn of assets as part of the restructuring of a complex investment vehicle which collapsed last year.

The receivers of the portfolio of Whistlejacket, the structured investment vehicle previously managed by Standard Chartered, are expecting to receive bids on the assets of the portfolio. The assets include bank debt and mortgage-backed bonds.

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