Tag: Morgan Stanley
China government bond issuance reducing transparency of total social finance
Understanding state support for the economy in China can be measured across several dynamics, but debt provision to the non-financial private sector, known as...
Could a secondary market work in private credit?
There is very limited access to secondary trading in private credit. Given the direct exposure to creditors, this might present a liquidity bottleneck for...
Insights and analysis: Morgan Stanley 2025 – ‘Timing Is Everything’ across...
Morgan Stanley’s outlook for 2025 finds a “still-moderate macro environment” with the mood heading towards deregulation, which it notes is largely is constructive for...
Origination: State Street issues US$2.25 billion in senior debt
State Street has issued US$2.25 billion in senior debt through State Street Bank and Trust. The bank has partnered with diverse and veteran-owned firms...
Origination: Switching between private and public markets
The use of private versus public borrowing by corporations has changed during 2024, based on falling funding costs in public and the capacity to...
Morgan Stanley an outlier as banks see FI trading revenues drop
In the third quarter of 2024, of five major banks – Citi, JP Morgan, Goldman Sachs, Bank of America and Morgan Stanley – only...
Ongoing effect of CSPP on European credit markets
Europe has seen considerable growth in credit issuance this year relative to 2023, with last week finding a 116% year-on-year increase in non-financial high...
How big can systematic trading get in credit?
Investors can achieve significant advantages though systematic trading, such as reduction of trader/investor bias, and responsiveness to signals. However, there are limits to the...
The Atlantic divide over high yield – is private credit biting?
Issuance of USD versus Euro high yield debt shows a significant split, based on Dealogic data, with US markets in 2024 issuing more than...
Tom Nickalls leaves Ninety One
Morgan Stanley has appointed Tom Nickalls as a trader within its emerging markets credit team, effective August. He is based in London.
Nickalls has more...
