Free content
-
Leeds & Holbeck, a U.K. thrift based in Leeds, is considering expanding its investment product range to include a multi-asset class note.
-
Michael Drexler, an analyst in the collateralized debt obligation group with Standard & Poor's in New York, will be joining ABN AMRO as v.p. next month.
-
Skandia Investment Management is considering launching a retail fund which may use derivatives to offer investors exposure to a basket of mutual funds.
-
Barclays Capital in New York has doubled the size of its CDO team, hiring seven staffers from Credit Suisse First Boston.
-
Anticipation is building for Federal Reserve Chairman Alan Greenspan's biannual Humphrey-Hawkins testimony to Congress, which is set for this week.
-
The bank debt for Boston Generating has powered up to 138-142, more than double the price offered a year ago.
-
Highland Capital Management has teamed up with CDC IXIS Capital Markets on a $700 million collateralized loan obligation called Jasper CLO that enables the manager to extend the life of the deal.
-
BNP Paribas Asset Management in Paris has hired Alain Krief, head of high-yield fund management at Crédit Agricole Asset Management in Paris.
-
Better exit options for deal sponsors and an unwelcoming high-yield bond market helped make the first six months of 2005 the busiest for lenders dealing in the sponsored finance market.
-
German furniture maker Schieder Moebel Holding and lead managers Citigroup and WestLB yanked a planned €145 European high-yield offering last week.
-
-- Chuck Frank, v.p. and senior portfolio manager at S&T Wealth Management Group, on how Treasuries do not offer enough yield to make them attractive for his portfolio.
-
Investec is setting up a team to invest in European structured finance assets and hired Andy Clapham, the former head of securitization at Bear Stearns in London, to spearhead the effort.