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Preqin Private Debt Intelligence - 6/27/2016

Credit Hedge Fund Performance in 2016 YTD The first months of 2016 were characterised by continued market volatility, and credit-focused hedge funds recorded losses across all sub-strategies in January and February. However, as global turbulence has calmed moving into Q2, all sub-strategies have seen improved performing and posted three consecutive months of gains… Subscribe to

Markit Recap – 6/20/2016

The campaign for the UK to leave the European Union has lost momentum with in the lead-up to Thursday’s vote, and the credit market has been re-pricing to reflect these developments. The UK’s five year CDS spreads, which had touched yearly wides off the back of the surging “leave” sentiment last week, have been the…

Leveraged Loan Insight & Analysis - 6/20/2016

Survey: Where are we in the credit cycle?  Thirty-nine percent of buyside and sellside institutions in the room at Fitch Ratings and Thomson Reuters LPC’s Loan & CLO Conference  last Thursday felt that we are already headed into a correction and in the late stages of the credit cycle, up from just 4% in both…

Covenants in the Coal Mine (First of Two Parts)

By the time you read this, the UK will be voting on its long-awaited referendum on whether or not to leave the EU. Polls show the contest too close to call. Whether “Remain” or “Leave” prevails, the Brexit outcome will undoubtedly impact international politics and the global economy for years to come. Despite turmoil in the…