By Sara Hansard Health insurers aren’t alarmed by the relatively low enrollment of young adults in the Affordable Care Act marketplaces, but the heavy concentration of women over men might be a concern, industry consultants told Bloomberg BNA. Read more >>>
The Federal Reserve’s release of transcripts from its 2008 policy meetings on Friday provide new detail on policymakers’ thinking during this critical period. Here are three lessons the market can take away from these transcripts, which cover the Fed’s expansion of its policy tools as the credit crunch of 2007 grew into the Great Financial Crisis of 2008-2009. Inside –– Bloomberg Economist Josh Wright [...]
Europanel Research and Alternative Asset Management is on the look-out for event-driven and European credit managers this year as it scales back its investments in trend-following funds. The Paris-based fund of hedge funds manager, known as ERAAM, may add about five new managers this year, according to partner and chief investment officer Olivier Kintgen. Click here to continue reading.
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U.S. banks are selling non-performing loan pools and they are finding buyers that include business development companies, PE firms and hedge funds, recalling debt sales conducted by the Resolution Trust Corp. in the 1990s, Richard X. Bove, vice president of equity research at Rafferty Capital Markets LLC, tells Bloomberg Brief’s Aleksandrs Rozens. Click here to continue reading.
by Bloomberg Industries BioMarin’s Vimizim (GALNS, elosulfase alfa) enzyme replacement therapy for the treatment of Mucopolysaccharidosis (MPS) Type IVA (Morquio A syndrome) is among drugs expected to receive an opinion from the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) during its February meeting. Decisions are expected on Feb. 20 or [...]
European corporates have launched 4.4 billion euros equivalent of covenant-light loans in the U.S. market year to date, adding to 1.1 billion euros signed since Jan. 1. Click HERE for more.
Michigan cities, town and agencies sold $467 million of debt in January as yields for new bonds became less volatile and closer to Bloomberg’s AAA Muni Index. Click on the chart below to see an interactive StoryGraph showing how much money Michigan muni issuers have raised since Detroit Emergency Manager Kevyn Orr proposed reduced payments to municipal bond [...]