Hints and tips:
...What’s a sub worth?...
....* My inbox tells me that I’ve personally received over 100 emails mentioning “private debt” or “private credit” since September 24, and that doesn’t even include the ones I summarily delete....
...This long counter space exudes low-key sophistication as jazzy LPs play on a turntable and the shifting waterside light confers its own magic....
...References to dance sub-genres such as amapiano and tech-house are made with a connoisseurial ear for detail....
...It is her third solo LP, following 2015’s Sometimes I Sit and Think, and Sometimes I Just Sit and 2018’s Tell Me How You Really Feel....
...“We can do it by exception [but after a while] our LPs will say, you’re supposed to be control investors.”...
...Yet as I ambled around the town on a sunny midsummer day, I found funky stores selling old LPs, an Indian lawyer who exulted in the “quality of life” in his adopted home, Chinese tourists by the busload...
...“I think about these loans as being very similar to the very liquid end of the high yield bond market,“ he said. Questions of credit quality remain, however....
...When LeCompte calls a break — a sub-argument has broken out about whether they should be rehearsing this section at all — I express my sympathy that they’re having so many issues....
...The corporate calendar includes Rathbone Brothers, Reckitt Beckiser, Salando, Avacta Group, Touchstone Innovations, Softcat, Secure Trust Bank and U&I Group....
...“People are realising they’ve got succession issues,” said Edward Burbidge, chief executive of I&M Burbidge Capital....
...“I traded local currency corporate bonds in Ghana more than 10 years ago. These markets exist....
...I know it can be painful, and we know there will be pressure on inflation, but a liberalised FX policy is the right way to go....
...One leader said to me, “Yeah, I get that it will probably be the place to be in a quarter of a century, but do I really care about that?” I have a friend who is very wealthy....
...Carlyle closed its dedicated sub-Saharan Africa fund this year at $700m, nearly 40 per cent above its target....
...I’m sure there would be synergies as well....
...Sub-Saharan Africa has been one of the top three markets in EMPEA’s LP Surveys over the last two years. However, the volume of capital commitments is yet to match the feverish degree of sentiment....
...“I wouldn’t assume oil prices are going to go sky high,” he said. “It’s significant that both Putin and Obama have visited Saudi Arabia recently.”...
...“[If it did so] the next day the Italian [credit] rating would go sub-junk, because that means that the Italian government acts like [a] Stalinist controller,” he says....
...“I’ve never seen a market where there are so many good assets for sale.”...
...“The recent recovery I think has more to do with market sentiment than Ghanaian fundamentals,” said Antoon de Klerk, portfolio manager at London-based Investec Asset Management....
...We have done some funky analysis of the budget; just like my dancing – I think it looks OK, but it might be wrong on so many levels....
...As Barclays put it in a note before the MPC decision: to be motivated to hike the SARB would need to see some convincing combination of: (i) inflation expectations becoming detached from 6%; (ii) core inflation...
...“I expect her to consider well the ripple effects on other countries” from policy decisions such as altering the Fed’s bond-buying program.”...
...Mineral Resources minister Susan Shabangu told Bloomberg: “They do need a bit of space, and I think they also will have to consult....
International Edition