By Larissa Padden
Caroline Chen, SVP at Income Research, was quoted in industry publication Debtwire on issuance in wholesale ABS. As Caroline noted in the piece, 2020 saw record-breaking issuance in the wholesale ABS sector. At the time, she foresaw spreads tightening in the secondary market as those bonds became more seasoned.
On Thursday, BondBloxx partnered with Income Research + Management (IR+M) to launch the BondBloxx IR+M Tax-Aware Short Duration ETF (NYSE Arca: TAXX).
Veteran BlackRock portfolio manager Joseph Wolfe has come off of the $1.9bn BlackRock Large Cap Focus Value fund (MABAX) and the $7.8m BlackRock Global Impact fund (BGIMX), according to filings with the Securities and Exchange Commission (SEC).
Recent pricing on wholesale ABS deals for chains Wendy’s and Massage Envy illustrate differences on deals in this area of the market, reports Eikon.
