The DESK’s Risk & Return is the single channel for issuers and investors to access data, research, legal advice and credit rating information to support issuance and investment in debt via the primary market.

ORIGINATION
Origination: European leveraged debt issuance jumps YoY
European leveraged debt market issuance was up 61% year-on-year in Q3 according to an AFME report, reaching €147 billion – but fell 11% quarter-on-quarter (QoQ).
Direct lending issuances was up 80% YoY to €28.2 billion,...
RATINGS & ANALYSIS
Ratings and Analysis: Is the life insurance the wobbly leg of finance?
US life insurer, Brighthouse Financial, was downgraded by ratings agency Fitch on Monday, following the announcement it was to be acquired by private investment firm Aquarian Capital LLC, which has a lower credit rating...
INVESTOR DEMAND
Investor Demand: Investors seek and reward customised asset management
Half of institutional investors favour managers who offer them more customisation, a recent Coalition Greenwich report has found – leading to additional mandates and higher profits for providers.
Customisation allows investors to differentiate themselves from...
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