news, comment, analysis and data on the global business of credit trading and investing
Funds
Neuberger Berman plans listing for distressed fund, reports FT
Monday, March 15, 2010
The Financial Times reports that US fund manager Neuberger Berman plans to list a distressed debt fund on the London Stock Exchange. The manager is looking to raise over $150 million for the unnamed fund, which would be the first distressed debt fund listed on the UK exchange.
<< END >>
Related stories
- Dealers rake in correlation trading profits after high yield blow... less than 1 hour ago
- CLO investors flock to the secondary market on action-packed day less than 1 hour ago
- Franklin Templeton loaded up on Irish bonds, reports NYT 1 hour ago
- Markit launches new high yield cash indices 2 hours ago
- Private equity firm eyes opportunites to sell out of its CLOs 1 day ago
Trading
- Dealers rake in correlation trading profits after high yield blow... less than 1 hour ago
Structured
- CLO investors flock to the secondary market on action-packed day less than 1 hour ago
Issuers
CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
