JPMorgan credit research team pitches top trades at levfin conference, strategists recommend overweight BBs
Buy opportunities in AT1 debt, periphery banks, Ardagh Metal, Altice France, Ithaca; Sell ideas on Guala Closures, Nissan, Nomad Foods, Hapag Lloyd
 

Welcome to Miami, good luck getting on the deal
JPM leveraged finance conference attracts over 3000 to South Beach where participants expect LME activity to remain high and saw increased private credit presence
 

Loan market delivers best one-day returns since April due to US election and vaccine
The S&P/LSTA Leveraged Loan Index recorded its best single day returns since April on Monday as investors celebrated in a string of positive developments that sent markets into overdrive

CLO supply set for double-digit drop in 2020, says JP Morgan
US CLO supply in 2020 will be as much as 20% down on 2019, while European issuance will fall 13% year-on-year, predict JP Morgan strategists in a research note. Even so, new CLOs should still outpace existing deal paydowns, as well as high yield primary market net new issuance

JP Morgan AM launches new multi-asset investment trust
A manager's best mate is its fund: JP Morgan AM launches Multi-Asset Trust (Mate)

JP Morgan loses another leveraged finance specialist to the buy side
Reuters is reporting that a levfin specialist is leaving JP Morgan in London to take up a managing director-level role at a large global credit hedge fund manager

JP Morgan and Credit Suisse pick up loan traders in London
JP Morgan and Credit Suisse play musical chairs with loan traders in London 

JP Morgan hires bank's head of CVA trading for Asian credit role
JP Morgan hires CVA trader from London to head up Singapore business 

JP Morgan hires bond trader in Hong Kong
Bond trader joins US banking giant's Hong Kong office

CLO trading head exits JP Morgan
JP Morgan has parted company with its global head of CLO and CDO trading, according to reliable sources

Former JP Morgan credit trader launches legal case, reports FT
Former JP Morgan credit derivatives trader Joulien Grout has launched a legal action over the JP Morgan “London whale” case