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Asian buyers driving callable SSA market have resurfaced in public benchmark deals
◆ 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
SSA
New contracts cannot yet be traded in US
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  • The U.S. Commodity Futures Trading Commission has announced plans to host a roundtable May 31 to obtain input on proposed exemptions to the Volcker Rule.
  • UBS Investment Bank has launched two ETRACS exchange-traded notes linked to the Dow Jones U.S. Select Dividend Index and the S&P High Yield Dividend Aristocrats Index
  • First Trust is readying First Trust Morningstar Futures ETF, an actively managed exchange-traded fund, with half its portfolio devoted to commodities and the other half split evenly between fx and equities.
  • U.K. independent financial advisers largely favor equities and fixed income, with 95% of IFA investing in equities (up from 92% in 2011) and 46% in fixed income (up from 27%), according to Legal & General Investments.
  • Euroclear has named Marc Autheman to succeed Sir Nigel Wicks as chairman when he retires Jan. 1.
  • Neuberger Berman is looking to add an Asia presence to complement its London-based Asian fixed-income team.