All insights
Summer Supply Creates Pricing Opportunity
It’s been an interesting week for European CLOs; one of our favourite picks in fixed income.
This Cycle’s Low Yields Are Behind Us
Credit metrics, as measured by the rating agencies, continued to improve throughout the first half of this year, with all corners of the globe having comfortably more upgrades than downgrades.
Resurrection Of A Market
The last ten year period has seen supply from various parts of the ABS market ebb and flow.
AT1 ETF
Today sees the launch of the first dedicated Additional Tier 1 Exchange Traded Fund. As first mover, Invesco Powershares gets to claim the simplest ticker, AT1 LN.
Novo Banco... Welcome back...?
We woke today to the ironic news that on the same morning that Greece struck a deal with Eurozone authorities to ease its repayment obligations, another borrower, who also manged to ease its obligations a few years ago, has now decided to return to the markets with a new issue.
MPC Closer Than We Think
Following central bank commentary and actions has been a really useful source of information in the post global financial crisis world; however, closer to home here in the UK the commentary and the actions have been less consistent than those coming from either the Fed or the ECB.