Risk assets failed to reach a bottom early December despite the U.S and China agreeing to negotiate on trade
at the G20 summit. The near-term outlook remains unclear from political uncertainties, which prevent investors
from adding risk in portfolios despite lower equity valuations and wider credit spreads.
Neuberger Berman, a private, independent, employee-owned investment manager, has launched a suite of European fixed income strategies for its recently-hired Paris-based team.
BNP Paribas Asset Management (‘BNPP AM') announces the appointment of Olivier de Larouzière as Head of Global Multi-Strategy Products (‘GMS') within Global Fixed Income.
WisdomTree, the exchange traded fund ("ETF") and exchange traded product ("ETP") sponsor, has partnered with Nasdaq and the Consumer Technology Association (CTA) to launch an ETF providing unique exposure to the Artificial Intelligence (AI) sector. The WisdomTree Artificial Intelligence UCITS ETF listed on the London Stock Exchange today, with a total expense ratio (TER) of 0.40%.
On Tuesday 27 November 2018, the African Development Bank rated Aaa/AAA/AAA by Moody's/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500 million 3-year and US$ 100 million 2-year SOFR-linked Green bond, becoming the first issuer to bring to the market a SOFR-linked Green Bond transaction.