Are CDO Equity investments admissible under UK Pru rules?

I am writing a paper on UK institutional investing in Collateralised Debt Obligations (CDO), specifically CDO Equity. I was researching UK insurers, and the relevant legislation (PRU admissible assets). Have any UK insurers managed to make a CDO Equity investment "admissible", and if so how?

Answer:
perhaps here:
http://www.pensions-management.co.uk/new.
pdf: http://www.iaisweb.org/03fsfcrt.pdf#sear. Other Questions and Answers:
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