Bid activity helps Europe advance, Cov-lite loans so...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/XYEWFF/DXB5OW/JIOSXZ9/KEOMFH/   FT Trading Room Monday May 27 2013 Markets   Bid activity helps Europe advance Club Med shares jump on buyout offer and financial stocks recover some poise, but volumes are low with UK investors absent for public holiday http://link.ft.com/r/XYEWFF/OFOYBW/18E32X/EXMR6K/NRZJZ3/4O/h?a1=2013&a2=5&a3=27   Cov-lite loans soar in dash for yield The proportion of so-called "cov lite" loans has soared to more than 50 per cent of all leveraged loan issuance so far this year, twice the level seen during the credit boom in 2007 http://link.ft.com/r/XYEWFF/OFOYBW/18E32X/EXMR6K/YGEBEC/4O/h?a1=2013&a2=5&a3=27   Investors pour big sums into US biotech The resurgent mood in the US equity market has proved a boon for these companies, usually ranked among the most speculative investments, as they try to come up with the next medical miracle http://link.ft.com/r/XYEWFF/OFOYBW/18E32X/EXMR6K/JQCEC3/4O/h?a1=2013&a2=5&a3=27   Top executives targeted on compliance Prudential Regulation Authority and Financial Conduct Authority using 'attestations' to make sure leaders of big institutions can be held accountable http://link.ft.com/r/XYEWFF/OFOYBW/18E32X/EXMR6K/MJASAU/4O/h?a1=2013&a2=5&a3=27   Check EM financials before chasing yield It is not a question of whether countries have 'emerged' in terms of economic growth, but in their basic economic institutions, John Authers http://link.ft.com/r/XYEWFF/OFOYBW/18E32X/EXMR6K/YGEBE0/4O/h?a1=2013&a2=5&a3=27   Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..