Free content
-
--Richard Fortin, cfo of Quebec-based supermarket chain Alimentation Couche-Tard, on U.S. banks looking for business in Canada.
-
Italian issuers are set to flood the market with up to 10 high-yield sales next year after just one this year.
-
"It's hard to explain why you'd like to get rid of the debt ceiling if you're fiscally responsible."--Drew Matus, senior economist at Lehman Brothers, on the debate over whether the Treasury should do away with the debt ceiling and how it is influenced by politics.
-
The addition of five dealers to Fannie Mae's core group of dealers could cause bid/offer spreads to tighten due to the increased competition for the same amount of issuance.
-
Three European high-yield deals are widely expected to start roadshowing this week or next and should be priced before Christmas, along with VNU World Directories (BW, 11/15) which conducted an investor roadshow last week in London.
-
Hoisington Investment Management Company is slowly trying to market the $50 million Treasury Inflation Protected Securities portion of its portfolio.
-
The Potomac Funds, an asset manager which entered the taxable fixed-income market earlier this year, plans to set up a fund to take long positions in the government bond market early next year.
-
J.P. Morgan has bagged Matt Zames, managing director and co-head of U.S. rates trading at Credit Suisse First Boston in New York, to take on a similar role.
-
FriedbergMilstein is nearing the finish line on a $584 million collateralized loan obligation that will be the first CLO to invest primarily in mezzanine debt.
-
Gartmore Separate Accounts may pick up agency paper if yields widen, said Dan Portanova, managing director and portfolio manager of $150 million in investment-grade fixed-income in Irvington, N.Y.
-
An SAC Capital Advisors subsidiary is starting a global fixed-income fund and has hired Peter Abramenko, a big shot buy-side trader previously at UBS Principal Finance, to lead the charge.