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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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New contracts cannot yet be traded in US
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  • Kames Capital will launch the Kames Global Equity Income Fund Sept. 27, with Piers Hillier, head of overseas equities, as manager.
  • Winton Capital Management has teamed up with Fortune SG Fund Management, a joint venture of Lyxor Asset Management and Chinese conglomerate Baosteel Group, to launch China’s first managed futures fund.
  • Stimulus programs announced in the U.S., U.K. and Japan have driven equity flows with high-yield bond funds recording their second-largest weekly inflow on record.
  • Pedro Goldbaum, an ex-executive director in exotic interest rates trading at JPMorgan in London, has joined Citigroup in a similar role in New York, according to an official familiar with the move.
  • Markit’s newly-created CDX index for Latin America corporates has been actively traded with liquidity exceeding traders’ expectations and average volume per day at around USD50-80 million.
  • Andy DePhillips, director in fx sales at Credit Suisse in New York, has left the firm.