1. Home
  2. Blogs for May, 2020

Month: May 2020

AMW :- Opalesque Roundup: Hedge funds post strongest monthly gain in more than a decade: hedge fund news, week 19

In the week ending May 8th 2020, HFR reported that hedge funds jumped about 4% in April, the strongest monthly gain in more than a decade. For the year, the industry is still down 7.4%

Spain applies for over €20bn of SURE cash

Spain has submitted an application for more than €20bn from the EU’s Support to Mitigate Unemployment Risks in an Emergency (SURE) fund.

Citi moves MTN banker to SSA syndicate

Charles-Antoine Roche has joined Citi’s sovereign, supranational and agency syndicate desk after spending over a decade in the bank’s medium term notes business.

Climate case against Australia could force issuers into new risk disclosures

The case of O’Donnell versus the Australian Commonwealth, if successful, could force all issuers seeking to make use of the Australian bond market to make thorough disclosures of their climate strategy.

Hedge funds surge to best gain since 2009 as managers navigate pandemic volatility

Opalesque Industry Update - Hedge funds surged to the strongest monthly gain in over 10 years in April, as managers positioned for the re-opening of global economies which have been shut down as a result

Yiwu LGFV squeezes price on $500m bond

Chinese local government financing vehicle (LGFV) Yiwu State-owned Capital Operation Co replicated its peers’ recent bond pricing success, to raise $500m with a 65bp price tightening during bookbuilding.

Everbright Water succeeds at second Panda try

Everbright Water got its second attempt at a Panda bond past the finish line this week, two months after pulling a deal due to poor liquidity and climbing yields.

Axis Bank eyes Rp100bn from share placement

Indian private sector lender Axis Bank is set to price a qualified institutional placement worth up to Rp100bn ($1.34bn).

ADBC boosts dim sum return on strong demand

Agricultural Development Bank of China raised Rmb4.3bn ($618m) from its second dim sum outing this year. Thanks to strong support from Chinese banks, the offshore renminbi bond market offered the issuer clear pricing advantages over

Alam Sutera downgraded amid refi pressure

Indonesian high yield property companies are continuing to come under fire, with Alam Sutera becoming the latest to be hit with a downgrade due to bond refinancing concerns.

Tahoe defaults for third time in one month

Chinese property developer Tahoe Group has defaulted on a third domestic bond in 30 days, as uncertainty remains over whether a tie-up with its peer China Vanke Co would eventually go ahead.

Melco rolls dice a second time for 2028 bond

Melco Resorts Finance tapped its 5.75% 2028 notes on Tuesday, adding another $350m to the trade.

Alibaba Health nets $1.3bn from record healthcare follow-on

Alibaba Health Information Technology has sealed Hong Kong’s largest primary follow-on in five years, navigating concerns over high valuations to increase the size of the deal to HK$10bn ($1.29bn).

HDFC Bank picks veteran banker as next CEO

India’s HDFC Bank has picked a successor to its chief executive officer Aditya Puri, who will be retiring at the end of October.

Swire Properties builds HK$1bn green loan

Hong Kong real estate company Swire Properties has raised a HK$1bn ($129m) green loan to make some of its projects more eco-friendly.

Opalesque Exclusive: The Corona Fighters Report 25: Asset managers who delivered in the downturn

B. G., Opalesque Geneva: Amid the current market turmoil, this is our regular report on hedge fund and alternative asset managers who are bucking the trend. Crisis has helped to demonstrate the benefits of ESG

AMB :- Opalesque Exclusive: The Corona Fighters Report 25: Asset managers who delivered in the downturn

B. G., Opalesque Geneva: Amid the current market turmoil, this is our regular report on hedge fund and alternative asset managers who are bucking the trend. Crisis has helped to demonstrate the benefits of ESG

Push for Profits Left Nursing Homes Struggling to Provide Care

Some with private equity owners, focused on making money, were particularly ill equipped and understaffed to handle Covid-19.

Inflexion takes control of cloud hosting business UKFast

Founder Lawrence Jones is leaving the company following serious allegations

Neiman Marcus, a Symbol of Luxury, Files for Bankruptcy

The high-end retailer is not liquidating, and expects to emerge from restructuring later this year.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.