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Funds
Brownstone Investment hires for investment grade push
Wednesday, July 21, 2010
Credit fund manager Brownstone Investment Group has announced that it has hired Sean Richter as a director responsible for trading investment grade corporate debt. He was previously he of the investment grade corporate desk at investment bank Stifel Nicolaus. The hire is part of the New York-based manager’s strategy of expanding into investment grade credit from its core high yield business
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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 |
