The Lebanese international finance executives organisation (Life) has appointed Wissam Kairouz (picture) as the new chairman of its New York committee. Kairouz is a managing director at Morgan Stanley’s Leveraged & Acquisition Finance Group in New York, where he oversees the group’s industry practices in healthcare, media and financial services. Prior to joining Morgan Stanley in 2009, he was a […]
We currently tend to prefer emerging markets credit and that position is based on several factors. Firstly, if we look at valuations, they are attractive, particularly relative to developed markets. Compared with their own history emerging market spreads are towards the high end of the 5 yr range. Technical factors are supporting emerging markets credit […]
Dire growth rates and the threat of insolvency hanging over banks has caused Eaton Vance managers to heavily short both French and Spanish debt.