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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
SSA
New contracts cannot yet be traded in US
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  • Faisel Syded, former managing director and portfolio manager at Highbridge Capital Management, has formed PAMLI Capital Management, a credit relative value and long/short hedge fund.
  • Paris-based Carmignac Gestion has expanded its trading desk with the hiring of Alexandre Pitois-Jones.
  • LibreMax Capital has raised USD375 million for the launch of its LibreMax Partners and LibreMax Offshore Fund. read the story from HFMWeek
  • A lack of liquidity in the fx options market as a result of the Thanksgiving holiday, accompanied by a sharp drop in euro spot prices over the past two days, has raised gap-risk concerns in options volatility.
  • Tim Hart, global head of equity derivative sales and co-head of equities at Deutsche Bank in London, resigned on Friday.
  • The China Banking Regulatory Commission will reportedly allow banks to use credit derivatives for market-making and hedging purposes when it releases its expected guidelines, a change from earlier drafts.