In his newly created position, Wolff will oversee the management and growth of the bank's US dollar high grade bond
3 trillion in money market funds and purchasing more than $400 billion in domestic high grade bond
funds during the year.
Page 23) Investors remain skeptical keeping -- in money market funds and purchasing more than $400 billion in domestic high grade bond
funds during the year.
NEW YORK -- For the first time, high grade bond
investors can receive hours of insightful analysis on the structure of new bond offerings delivered to them pre-pricing -- all in layman's terms -- neatly packaged in a clear and concise report and from which they can take away the important points in just minutes.
RBS has recently made several senior level additions to its Fixed Income business in the US including Peter Najarian as Global Head of Local Market Sales, Stephen Monroe as Head of Short-Term Market Sales for the Americas, Wight Martindale as Head of High Yield and Distressed Debt Sales, Scott Lang as Head of Regional Dealer Sales for the USD Rates Business, Boris Segura as Senior Economist for Latin America, Victor Forte as Head of High Grade Bond
Syndicate, and Eugene Rigo as Short-end US Treasury trader.
Forte as Managing Director and Head of High Grade Bond
Syndicate for the Americas.
Similar financial covenants, quite unusual in the high grade bond
market, are common to bonds issued by below investment grade-rated companies.
With this expanded agreement, on a global basis, Merrill Lynch will now be using independent evaluated prices for 80% of the entire Merrill Lynch Global High Grade Bond
Index universe, and 90% of the entire Global High Yield & Emerging Markets Index universe, which together comprise more than 24,000 securities.
The new index was introduced at The Bear Stearns Central American and Caribbean Credit Conference and will compliment Bear Stearns current Fixed Income indexes, the High Yield Bond Index (BSIX) and the High Grade Bond
David's appointment underlines our commitment to this area and will serve as a catalyst for the next stage of development for the High Grade bond
UBS has an overweight position on Emerging Market sovereign bonds in US dollars relative to high grade bonds
, and also on US 10-year Treasuries relative to cash.
Taking advantage of the strong market backdrop for high grade bonds
and appetite for ESG investments, EBRD has achieved an impressive mix of green investor diversification and very attractive pricing.