One Fine Day: The Argument For T+1 Settlement
(March 14, 2021) – Buried deep within the drama surrounding GameStop’s January trading frenzy was the determinant factor behind...
Penserra Proudly Recognizes Our Valued Female Colleagues on International Women’s Day 2021
Penserra proudly recognizes our valued female colleagues on International Women’s Day and ardently supports the 2021 theme of #ChooseToChallenge....
Penserra Acts as Co-Manager in Allstate Corp. Bond Deal Managed Solely by Diverse Firms
On November 19th, Penserra acted as a co-manager in a $1.2 billion Allstate Corp. bond transaction to help fund...
What is SOFR, and Why is it Replacing LIBOR?
What is SOFR, and Why is it Replacing LIBOR? (October 20, 2020) – The Secured Overnight Financing Rate (SOFR)...
Penserra Reaffirms its Commitment to the Hispanic Promise
In honor of National Hispanic Heritage month, Penserra proudly reaffirms its commitment to the principles of the Hispanic Promise,...
Francisco de Bocos – Capital Markets Executive
Penserra’s Francisco de Bocos, a Mexican-born capital markets executive, forged a successful career in finance by staying intensely focused...
Penserra Salutes National Hispanic Heritage Month
Penserra, a Hispanic-owned Minority Business Enterprise (MBE), observes National Hispanic Heritage Month by recognizing the contributions of Hispanic and...
Penserra Hosts Virtual Internship Day
Penserra’s Virtual Internship Day was an unqualified success. Over 230 registered participants, primarily collegiate juniors and seniors from the...
Penserra CEO George Madrigal Named to 2020 EMpower Top 100 Executive Role Models List
Penserra is proud to see our CEO, George Madrigal, named to the 2020 EMpower Top 100 Ethnic Minority Executive...
Swing and a Miss: Forecasting During a Pandemic
(June 23, 2020) – The practice of economic forecasting arguably experienced its biggest whiff in modern times when the...
Modern Monetary Theory: The Clockwork Orange of Economics
Modern Monetary Theory (MMT): The Clockwork Orange of Economics (June 10, 2020) – In a Wall Street Journal editorial...
Navigating Volatility: Bond Price Discovery Using Fixed Income ETFs
Dustin Lewellyn, Chief Investment Officer of Penserra Capital Management, believes during times of extraordinary volatility in the financial markets that fixed income ETF’s offer greater pricing discovery than individual bonds. “While individual bonds trade in a veiled over-the-counter market,” say Mr. Lewellyn, “fixed-income ETF’s trade on-exchange, like equities. As a result, fixed-income ETF’s reflect real-time pricing since shares of fixed-income ETF’s generally trade more often than their underlying bonds, even in calm markets.”
Arielle Ware, Institutional Trader, Equity Exchange
Arielle Ware, an institutional trader for Penserra’s Equity Exchange division, arrives at her desk every morning full of drive,...
Looking for L, U, or V in a COVID-Impacted Economy
A popular exercise for economists forecasting the expected global economic slowdown has been to debate about the shape the recession will take, a verbal shorthand for describing the shape of the ups and downs of GDP and the broader economy.