Free content
-
Two strong investment themes have emerged in Asia during the last few months. -
The European fund management industry could be revolutionized if a change to fund regulation concerning derivatives that was proposed last week is approved by individual European regulators.
-
Credit-default swaps on U.S. corporates rumored to be candidates for leveraged buyouts, including satellite communications firm Intelsat, blew out last week as cash accounts scrambled to buy protection on the debt.
-
Citigroup has hired Stephanie Mathern, a collateralized debt obligation marketer at Bear Stearns in London, for a similar role marketing both CDOs and credit derivatives.
-
David Mitchell, an equity derivatives structurer at Wachovia Securities in New York, has jumped to Deutsche Bank for a similar role.
-
Foreign exchange sales professionals are starting to push volatility trades, rather than directional plays, because they are predicting volatility will rise alongside interest rates and don't have a clear view on the dollar.
-
Jeff Huffman, a credit derivatives trader at Goldman Sachs in London, has transferred to the firm's New York office.
-
Hong Kong's interest rate swap curve has stretched out to 15 years in the interbank market in recent weeks on the back of increasing structured note issuance in search of higher yields.
-
Goldman Sachs has hired Dharmendra Patel, a director in equity derivatives analysis at Citigroup in London.
-
Goldman Sachs has hired Scott Watson, a corporate marketer in interest rate derivatives at Barclays Capital in New York, for a similar role.
-
Appleton Partners is looking to increase its corporate allocation by 5% or $15 million of its $300 million portfolio. Bonnie Tracy, portfolio manager in Boston, said she may raise the investment-grade corporate allocation to 60% of the portfolio.
-
Along with death and taxes, volatility in the auto sector appears to be one of life's certainties and although there is no shortage of news drivers, rumors of forthcoming supply are up there among the best reasons for causing spreads to widen.
