Opinions

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Insight  |  October 13, 2025

Muzinich Weekly Market Comment: The Guidance of Financial Markets

There was little in the way of economic data this week with Golden Week in China, no central bank policy meetings (most are scheduled for the last week of October into the first week of November), and companies entering their blackout periods ahead of third-quarter earnings. Consequently, it was left to geopolitics to provide the entertainment, and to financial markets to offer guidance.

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Snapshot  |  October 9, 2025

Corporate Credit Snapshot - October 2025

Global credit generated positive returns across the board in September.

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Snapshot  |  October 9, 2025

Muzinich Asset Allocation Group Monthly Update - October 2025

Please click to watch our latest Asset Allocation Group video update for the month of October 2025.

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EM Monthly  |  October 7, 2025

Turning of the tide

Interest in emerging market credit is returning as policy easing and potentially attractive valuations renew investor interest.

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Insight  |  October 6, 2025

Muzinich Weekly Market Comment: Close & Open

The new quarter and fiscal year in the US opened on a subdued note for fixed income. US Treasuries posted modest outperformance in the government bond space, while corporate credit held firm, with US investment grade as the pick of the week.

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Close Up  |  October 2, 2025

Coupons rising

In his latest column on the key developments, themes and opportunities in credit markets, Ian Horn discusses what’s been driving the strong technical in EUR credit.

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Insight  |  September 29, 2025

Muzinich Weekly Market Comment: Good Cop, Bad Cop

Price action in financial markets this week was soft and subdued. Negative headlines slightly outweighed positive headlines, leaving insufficient momentum to push prices higher up the proverbial “wall of worry” that often accompanies a bull market.

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Insight  |  September 23, 2025

From cash to credit: Taking advantage of the Fed pivot

Despite tight spreads, short-dated US high yield could be set to offer the kind of pickup over risk-free assets usually associated with volatility events, as Vikram Awasthi explains.

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Insight  |  September 22, 2025

Muzinich Weekly Market Comment: Don’t Panic!

It was a busy week for central banks, with nine meetings in total. Five policy committees left rates unchanged, while the others cut rates by 25 basis points (bps).

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EM Monthly  |  September 10, 2025

Rare earths: Where geology meets geopolitics

Rare earths: Where geology meets geopolitics.

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Close Up  |  September 2, 2025

Less costly, more compelling: Shifting FX hedging dynamics and US credit

In his latest column on the key developments, themes and opportunities in credit markets, Ian Horn looks at the implications of a change in US dollar-euro hedging terms.

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Insight  |  August 22, 2025

European private debt: Resilience and opportunity

While upper-middle market companies navigate headwinds caused by global trade uncertainty, their lower middle market counterparts are proving remarkably resilient, explain Kirsten Bode and Rafael Torres.

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Insight  |  August 12, 2025

Beyond tariffs: Why megatrends will determine the future of Asian private debt

Despite geopolitical headwinds and cautious capital deployment, Asian private debt could be primed for the next phase in its evolution. Andrew Tan explains how long-term structural themes are reshaping the opportunity set.

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Insight  |  August 5, 2025

US high yield: Where convexity meets quality

A focus on quality, convexity and credit selection is key to navigating risk and generating returns in US high yield, argues John Colantuoni.

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Insight  |  August 4, 2025

A public path to private credit: The case for BDC equities

Business development companies offer insurers a liquid entry point to private credit. Ji He, Lloyd Ayer and Marcus VanBerkel explore how even a modest allocation can potentially boost income and reduce correlation risk.

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Close Up  |  August 1, 2025

Is strong bid for European credit a blueprint for US?

In his latest column on the key developments, themes and opportunities in credit markets, Ian Horn explains why US short-duration credit could be back in favour in the coming months.

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Insight  |  July 15, 2025

Strategic partnerships: Credit’s new frontier

Partnerships between banks and asset managers are reshaping the corporate lending landscape, as Gianpaolo Pellegrini and Stuart Fuller explain.

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Insight  |  July 11, 2025

Still exceptional: Why US assets continue to anchor global markets

Despite headlines warning of de-dollarisation and shifting capital flows, the fundamentals of US investment-grade credit remain strong. With new sources of structural demand emerging, rumours of the demise of US exceptionalism appear greatly exaggerated, argues Anthony DeMeo.

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Insight  |  July 10, 2025

European high yield: Rise of the underdog

As global investors look to add non-US dollar exposure, European high yield stands out as a stable, yield-enhancing alternative, as Thomas Samson and Jamie Cane explain.

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EM Monthly  |  July 9, 2025

EM Monthly: Resilient and ready

In a world of diverging monetary paths and rising event risk, EM credit offers diversification, income and potential valuation upside for global credit allocators, argues Warren Hyland.

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Close Up  |  July 4, 2025

So far, so good

In his latest column on the key developments, themes and opportunities in credit markets, Ian Horn sets out six ideas for investors to look out for in the second half of the year.

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