State Street Global Advisors News
-
Ineos Group Holdings SA, a chemical maker, set the rate it may pay on a $1 billion loan to refinance bonds due in 2015. Casino operator Peninsula Gaming LLC is seeking to reduce the rate on an $823 million term loan.
-
State Street Global Advisors, the world’s second-largest asset manager, dropped its Russia “overweight” rating as Swiss manager LGT Capital Partners said the country was only good for an occasional “casino” bet.
-
BlackRock Inc., the world’s biggest money manager, said first-quarter earnings rose 10 percent as its exchange-traded stock funds drew client cash and assets increased.
-
Charter Communications Inc. cut the rate it will pay on its term loan, while Crown Castle International Corp. is seeking to refinance borrowings. Bank of Japan’s easing measures will be supportive of collateralized loan obligation issuance, Morgan Stanley said.
-
Pacific Investment Management Co.’s 13-month-old exchange-traded fund is attracting more cash than the firm’s flagship Total Return mutual fund as investors join Bill Gross in preferring ETFs for bond investing.
-
Blackstone Group LP, the world’s largest private-equity firm, is joining State Street Corp. to form an exchange-traded fund to buy speculative-grade loans as demand for the floating-rate debt soars.
-
Aabar Investments PJSC, a unit of Abu Dhabi’s International Petroleum Investment Co., signed a $2.5 billion loan to refinance a deal maturing next month as Blackstone Group LP teamed with State Street Corp. to form an exchange-traded fund for purchasing speculative-grade loans.
-
BNP Paribas Investment Partners is allocating funds to Southeast Asia as the yen weakens, betting Indonesia and the Philippines will gain from lower import costs.
-
China’s swap market is signaling interest-rate increases for the first time since 2011 after inflation accelerated to a 10-month high and the housing market defied government cooling efforts.
-
Indonesia’s combination of accelerating inflation and record-low bond yields is prompting State Street Global Advisors and Schroder Investment Management Ltd. to cut holdings.
|
|
State Street Global Advisors Photos
Most Popular on Bloomberg
|
|
State Street Global Advisors Videos
|
|
Rate this Page