The DESK’s Risk & Return is the single channel for issuers and investors to access data, research, legal advice and credit rating information to support issuance and investment in debt via the primary market.
ORIGINATION
Origination: European leveraged debt issuance jumps YoY
European leveraged debt market issuance was up 61% year-on-year in Q3 according to an AFME report, reaching €147 billion – but fell 11% quarter-on-quarter (QoQ).
Direct lending issuances was up 80% YoY to €28.2 billion,...
RATINGS & ANALYSIS
Ratings & Analysis: Fitch: US bank regulators converging with “informal alignments”
Executive actions have accelerated regulatory consolidation and centralisation between federal US bank regulators, according to Fitch Ratings.
These informal alignments, driven by executive orders rather than legislative change, have the potential to reduce regulatory fragmentation...
INVESTOR DEMAND
Investor Demand: Investors seek and reward customised asset management
Half of institutional investors favour managers who offer them more customisation, a recent Coalition Greenwich report has found – leading to additional mandates and higher profits for providers.
Customisation allows investors to differentiate themselves from...
This page is dedicated to research articles on primary fixed income markets. For further information please contact Dan Barnes.
