Vulture funds eye longer timescale

But some bankers argue that the European Central Bank’s €1tn of emergency bank loans – dubbed long-term refinancing operations and initiated by its president Mario Draghi – have at least partially weakened their investment thesis.


Jupiter chases high income with Bezalel bond launch

The offshore fund, which is a sub-fund of the firm’s global sicav, has a ‘go anywhere’ strategy, allowing Bezalel to invest across the debt spectrum in any country and without being restricted by ratings.


Where Does the Real Value Lie for Fixed Income?

Whether the recent shift in Treasury yields reflects a short-term event or the beginning of a real reversal, Mr. Popp suggests that the time may be right for investors to evaluate how an eventual rise in interest rates may impact their portfolios.


Bucharest and London Stock Exchanges ink tie up

‘The new Economy Minister has already announced intentions to continue the privatization of the four state companies Transgaz, Romgaz, Hidroelectrica, Nuclearelectrica and of Tarom.


PwC in Germany, Netherlands to merge

The German and Dutch members of the PricewaterhouseCoopers network of consulting and auditing firms plan to merge to compete for auditing contracts with KPMG, Ernst & Young and Deloitte, the head of PwC Germany told WirtschaftsWoche magazine.


Wall Street Tycoon Eyes Metro Bank Stake

One of Wall Street's best-known hedge fund managers is in talks to buy a stake in Metro Bank, Britain's first new high street lender in more than a century, I have learned.