Insight | April 12, 2023
In the space of a few weeks two iconic symbols of finance self-destructed.
Insight | March 31, 2023
Could the Tide be Turning for Asia Credit?
Following a difficult and challenging 2022, will 2023’s Year of the Rabbit characteristics of thoughtfulness and calm be reflected in the performance of Asia credit? Portfolio Manager Mel Siew discusses his outlook.
Insight | March 27, 2023
Emerging Market Corporates - Time to Reallocate?
The outlook for emerging markets appears to be improving, buoyed by China’s economic reopening, but it is important to focus on quality given ongoing uncertainties in the market.
Insight | February 22, 2023
Top Three Credit Themes for 2023
In what is shaping up to be a very different investment environment to 2022, three key themes are underpinning our multi-asset credit strategies.
Insight | January 31, 2023
5 Reasons to Consider Short Duration Credit
The potential for higher yields and protection from volatility make a compelling case for short duration bonds
Viewpoint | January 17, 2023
In our somber-minded daily world of earning a living we occasionally wander into a dreamworld of a living earned for us.
Viewpoint | January 4, 2023
Muzinich & Co. 2023 Private Debt Outlook – New Landscape, New Opportunities
Despite the changing macroeconomic backdrop we believe new opportunities are emerging for private lenders globally.
Viewpoint | January 3, 2023
Muzinich & Co. 2023 Outlook - Income is Back
Given significant moves in 2022, we believe credit markets offer attractive carry, and we expect the excess return outlook to be positive in 2023.
Insight | October 12, 2022
After a significant sell off in credit markets, yields have reached levels that we believe should protect investors from future volatility while providing an attractive income stream.
Insight | October 10, 2022
European High Yield – Timing your Entry Point
Despite a weakening macroeconomic backdrop, valuations in European high yield have reached what we believe to be interesting levels. Is now a good time to consider an allocation?
Analysis | September 8, 2022
China High Yield – Have We Reached the Bottom?
The China high yield market experienced a rapid recovery in August. What’s changed?
Analysis | July 20, 2022
Following a difficult first half for credit markets, we believe it may be worthwhile adding credit to portfolios, especially US high yield credit.
Analysis | July 15, 2022
Asia Credit – A Crisis in Confidence, Not Fundamentals
What is causing the current weakness in the Chinese high yield credit markets?
Analysis | June 22, 2022
Keep Calm and Carry On – 10 Reasons to Stay Invested in High Yield
Despite the heavy price action we have witnessed in the high yield market since the start of the year, we believe high yield investors should hold firm and potentially consider adding to their exposure at what we believe could be an attractive entry point into the asset class.
Viewpoint | May 13, 2022
Parallel Lending Investment Strategy; A Primer
The growth of non-bank financial intermediation (“NBFI”) is a clear worldwide trend over the last 15 years.
Analysis | March 14, 2022
With the tragedy unfolding in Ukraine and persistent concerns about inflation, fear has now started to replace greed in markets, which may create interesting opportunities for long term investors. It is very difficult to time markets, but we believe a focus on fundamentals during periods of volatility helps provide a framework for good decision making.
Analysis | March 4, 2022
Putin’s attack on Ukraine is having wide-reaching consequences for global financial market as investors reconsider their options
Viewpoint | February 22, 2022
Syndicated Loans – A Safe Port in a Storm
Against a backdrop of economic recovery but the prospect of rising interest rates, where can credit investors look for yield while protecting themselves from interest rate risk?
Insight | February 18, 2022
Asia Credit – Bounding into the Year of the Tiger
The recent relaxation of Chinese property sector regulations, a lack of inflationary pressure, stronger external positions vs. the 2013 Taper Tantrum
Analysis | February 10, 2022
Emerging Markets - The End of Free Money?
Despite a shaky start to the year for risk assets, emerging markets have held up relatively well and we believe offer encouraging investment opportunities which are backed by economic recovery.
Analysis | February 8, 2022
Emerging Markets Update - Inflation
Will developed market central banks follow their emerging market counterparts in combatting inflationary pressures?