NB Global continues to look to the US

Corporate loan investment company NB Global Floating Rate Income Fund said its investment focus for the rest of the year will be on the US primary market, as the European new issue market is effectively closed for the remainder of the year.

Corporate loan investment company NB Global Floating Rate Income Fund said its investment focus for the rest of the year will be on the US primary market, as the European new issue market is effectively closed for the remainder of the year.

The group revealed that at the end of September, just 2.39% of its investment portfolio was denominated in euros, while 2.66% was denominated in sterling; the rest was all in dollars.

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