Security Pricing in Reaction to Changes in Investor Attitudes, Governance and Regulation

The financial crisis that began in the summer of 2007 changed many aspects of the financial world. On the one hand, governing regulatory bodies around the globe introduced rules and regulations, with the goal of preventing another financial crisis of similar dimensions. On the other hand, investors changed their investment style. Structured products, viewed as one of the causes of the recent financial crisis, suffered severely. At the same time the demand for sustainable and climate related products rises massively. This thesis analyses the pricing of a variety of instruments (Bonds, Stocks, CDS, ABS and CLOs) in the aftermath of the recent financial crisis. Special attention is drawn upon the impact of changes in investor attitudes and regulatory changes on the pricing of the analyzed financial instruments