Recent cocos are cheap versus hybrids, says SG
Recently issued contingent capital securities (cocos) are cheaper than similar recently issued corporate hybrids on a fair value basis, according to quants a Societe Generale.
Funds
- Colbeck Capital hires new head of originations 1 day ago
- Funds round up: April 2024 2 days ago
- Former Capital Dynamics' employees launch Camberline Capital Management 3 days ago
- Golub raises USD 2bn for sixth credit opportunities fund 3 days ago
- Man Group hires new senior managing director for private credit business 4 days ago