All Special Report articles – Page 70
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Special Report
Credit: Private Placements & SMEs
Europe’s private placement markets have so far been the preserve of larger, investment-grade borrowers. But there are signs that credit-hungry smaller companies may finally be getting a look in
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Special Report
Credit: Standardising European Private Placements
One way to bring investors to the projects that are willing to pay sufficient yields might be a pan-European private placement market
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Special Report
Credit: Private Placements in Germany
Germany has one of the longest established private placement markets in Europe, but bank lending is still dominating the finance arena
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Special Report
Credit: Debt Markets & Private Equity
With non-bank lending on the rise in Europe but significant barriers to entry into the business, the mid-market private equity industry might be ready to take up some of the slack
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Special Report
Credit: Direct Lending Spreads
The search for yield has sucked significant institutional capital into European direct-lending markets
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Special Report
Credit: Shipping Debt
Despite a background that might suggest a ready supply of bargains, shipping debt and the banks that have written it have come through recent years in remarkably good shape
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Special Report
Credit: Dutch mortgage market thrives as investors pour in
Assets held in Dutch mortgage funds grew by a staggering 81% or €3bn during 2014
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Special Report
Credit: A change in dynamics
Remember covenant-lite loans? By 2009, risk-averse investors exercised huge influence over issuers and were able to obtain high levels of protection in the high-yield market
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Special Report
Technology: University Venture Capital
In its narrowest form, university venture capital has raised a couple of billion dollars a year, mostly in the US and UK
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Special Report
Bondholder engagement: No pain, no gain
Investor protection is loosening significantly in high-yield markets
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Special Report
Credit: Bond & Loan Convergence
Investors’ continued search for performance has changed the dynamics of the European high-yield market
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Special Report
Technology: Biotech
Biotech firms are reaching tipping points in science, business models and sales that should consolidate their position as the leading sub-sector in healthcare
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Special Report
Cyber Security in Asset Management
In an increasingly mobile, cloud-based digital world, the old model of thick walls around a centralised information keep is out of date
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Special Report
Assessing pension fund capital risk
Pension fund appetite for direct participation in infrastructure debt continues to grow. Yet, this brings increased risk to assess
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Special Report
Credit: Corporate Activity & Debt Supply
The market has been suffering a shortage of loan supply, and even a pick-up in M&A and LBO activity might not be enough to reverse it
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Special Report
Hybrid securities revolution is here to stay
In just three years corporate and financial hybrid securities have become a major new feature of the fixed-income landscape
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Special Report
Non-financial hybrid securities: Fixed-income exotica
Hybrids have taken off because they marry the current needs of both issuers and fixed-income investors. David Turner looks at how this sweet deal could go sour
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Special Report
Hybrid Securities: Financial duck-rabbits
Recently someone from the Outer Hebrides posted online a photo of a dress, the colour of which had apparently caused endless debate among family and friends
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Special Report
Convertibles and Solvency II: Preaching to the unconverted
Joseph Mariathasan asks whether convertible bonds might offer Solvency II-regulated investors some equity upside with a limited capital charge
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Special Report
Convertibles and Solvency II: Commentary
Nicolas Delrue argues that mixing convertible bonds with equities preserves equity upside exposure with lower downside risk