With large volumes of BBB credits either undergoing or set to undergo downgrades which knock them off the investment grade plinth, many investment grade bond managers are expecting “fallen angels” to be the main driver of performance through this downturn.
Read more: Will “Fallen Angels” Reveal Fixed Income’s Saints and Sinners?
On April 22nd, more than 300 investors around the globe joined the bfinance research team (virtually) for a session dissecting manager performance through the crisis so far.
Read more: How Are Asset Managers Performing? Q1 Review – Key Takeaways
Institutions have increasingly turned to multi-asset strategies – now a diverse menu – for the promise of diversification and a more “all-weather” return profile.
Read more: Are Multi Asset Strategies Delivering for Investors?
The long-running hunt for yield rolls on into an increasingly volatile 2020, with yields on safer fixed income now at or close to five-year lows.
The start of 2020 has brought a slew of commentary on cooling appetite for direct lending, with the release of data showing a second year-on-year decline in private debt fundraising.
More Articles ...
Page 7 of 11