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Fed unveils IG bond buying programme and direct lending plans
5 years ago
The US Federal Reserve has unveiled further measures to support the US economy alongside plans to establish a direct lending initiative - Main Street Business Lending Programme – to support lending to small-and-medium sized businesses -
Distressed debt outperforms as Texas pension fund's credit strategies gain 11.2%
6 years ago
Texas County and District Retirement System (TCDRS), the $30 billion pension fund, generated 11.2% annualised returns from its credit portfolio for the year ending 30 June. Distressed debt was a major positive, but IG credit lost value
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