Just a short note…two important stories from today that I will comment on in next week’s Catchup:
Bloomberg Completes Acquisition of Barclays Risk Analytics and Index Solutions Business
Barclays fixed income indices are now part of Bloomberg. This is relevant to every mutual fund, SMA, CEF or ETF manager and trustees or fiduciaries. Having the historical index data available via the Bloomberg terminal could be really helpful.
Illinois Warns Of “Crippling Tax Hikes”, “Devastating Impact” If Largest Pension Fund Admits Reality
This article on Zero Hedge provides a great summary of some of the challenges that have to be confronted in Illinois–and, elsewhere too, of course. I’ll have more to add to this story too.
Have a great Friday and a good weekend. Watch for the regular Catchup next week!
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