European investment grade credit has comfortably outperformed its US counterpart over the past 12 months. Based on the differing fortunes of the respective economies in the two regions, this might seem surprising. But the basis between the Markit iTraxx Europe… Subscribe to Read MoreAlready a member? Log in here...
As managers grapple with possible structures to work within the context of new finalized risk retention rules, the process of amending CLOs that are not Volcker compliant also continues…. Subscribe to Read MoreAlready a member? Log in here...
Contact: Cuong Huynh cuong.huynh@spcapitaliq.com
This week we saw the first signs of contagion, albeit tentative, from the impasse in Greece. Spain, where the anti-austerity Podemos party is leading the opinion polls, saw its CDS spreads widen 11bps to 94bps (2003 ISDA definitions), while Italy was 13bps wider at 113bps…. Subscribe to Read MoreAlready a member? Log in here...
Last month we wrote a blog for the website of the New York chapter of the Association for Corporate Growth. For those who don’t know, ACG is the premier association for middle market professionals (your correspondent is a board member). The blog was on job searching; specifically, how job opportunities arise from networking. Based on…
Download 7 Insider Secrets to a Winning Job Search Here are some excerpts: Job searching is not a casual process. You’re either all-in or all-out It’s not about people you know; it’s who they know When you tell your friends about your new job, will they say “What?” or “Wow!” Network today as if you’ll be jobless […]
While loan fund assets under management continue to shrink, CLO outstandings have been steadily increasing, surpassing $370 billion. Although last year’s record $123 billion in CLO issuance was partially offset by CLO… Subscribe to Read MoreAlready a member? Log in here...
Out-flows from retail loan funds eased last month from December’s flood, helping rebalance supply-demand technicals in favor of issuers.