Opinions

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Insight  |  May 2, 2025

Muzinich Weekly Market Comment: 100 days

In our latest roundup of the key developments in financial markets and economies, we look back on a tumultuous first 100 days in office for the new US administration.

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Insight  |  April 28, 2025

Muzinich Weekly Market Comment: You can’t make an omelette….

In our latest roundup of the key developments in financial markets and economies, we look back on a calmer week, but wonder how long it will stay that way.

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Insight  |  April 25, 2025

Parallel lending: Built to withstand market storms

In a world where financial volatility is inevitable, evergreen parallel lending strategies could offer a compelling model for resilience. Gianluca Oricchio and Gianpaolo Pellegrini explain why their approach is positioned for whatever the market throws next.

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Insight  |  April 22, 2025

Credit vs equities: Crisis or correction?

When looking for evidence of investor panic in response to tariff-induced uncertainty, a single chart illustrates the difference between equities and credit markets, as Anthony DeMeo and Eric Schure explain.

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Insight  |  April 14, 2025

Muzinich Weekly Market Comment: A Practical Bear Market Guide

If we relied solely on the Bloomberg World Large & Mid Cap Price Return Index, a rolling 5-day total return of +2.2% might suggest that all is well in the world. However, this average masks significant inter-period volatility.

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Insight  |  April 4, 2025

Muzinich Weekly Market Comment: Liberation or aberration?

In our latest roundup of the key developments in financial markets and economies, we compare the management styles of the Chinese, German and US administrations.

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Insight  |  April 1, 2025

US investment grade: Safe haven or smart bet?

Despite uncertainty stemming from the US administration’s economic policies, US investment grade credit continues to show resilience. Anthony DeMeo and Eric Schure explain why they believe it remains a compelling allocation in an uncertain world.

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Insight  |  March 27, 2025

US private credit: Beware the blurring of the loans

With growing convergence between upper middle market private credit and the broadly syndicated loan market, the lower middle market could prove a valuable diversifier for investors, explains Michael Smith.

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Insight  |  March 25, 2025

Beyond boundaries: The power of multi-asset credit investing

The ability to allocate across geographies, sectors and sub-asset classes can offer investors the potential for compelling returns and diversified credit exposure inside a single portfolio, argues Mike McEachern.

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Insight  |  February 26, 2025

European high yield: Rising dispersion, a welcome diversion

Tight credit spreads don’t mean a lack of opportunities in European high yield; investors just need to work harder to find them, argue Thomas Samson and Jamie Cane.

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Insight  |  February 21, 2025

European private debt: Good things come in small packages

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  |  February 19, 2025

Fixed maturity portfolios: Lock in yields while you still can

Joseph Galzerano and Richard Smith answer five questions on why fixed maturity portfolios aim to offer investors an opportunity to lock in attractive yields, manage risk effectively and enjoy greater visibility on returns, all while navigating today’s shifting interest rate environment.

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Insight  |  February 13, 2025

Asia private credit: Unlocking the complexity premium

With ever-tighter spreads in some parts of the Asian private debt market, the ability to navigate more complex situations could become increasingly important in unlocking returns, argue Andrew Tan and Jieying Huang.

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Insight  |  February 11, 2025

US High Yield: Forget about spreads, focus on yields

Higher yields should continue to offset tight spreads in what could be another constructive year for US high yield, argue Kevin Ziets, Bryan Petermann and John Colantuoni.

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Insight  |  February 7, 2025

Accept what you can’t control, master what you can

Investors worried about rising uncertainty may consider an allocation to short-duration credit, argues Tatjana Greil-Castro.

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Insight  |  January 28, 2025

Place your bets

Wars, rate hikes and political risk may not have derailed the stock market’s continued ascent, but investors should heed the warning signs, as George Muzinich explains.

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Insight  |  January 6, 2025

Private Debt Outlook 2025: Good things come to those who wait

Investors’ search for yield should be good news for direct lending globally in 2025, as our heads of private debt explain.

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Insight  |  December 19, 2024

Corporate Credit Outlook 2025: All about yield (still)

Our investment teams set out the key themes credit investors should look out for in 2025.

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Insight  |  December 4, 2024

Parallel lending: The next frontier for private credit

Lending partnerships between asset managers and European banks may lead to low-risk, highly diversified private debt portfolios and potentially attractive returns for investors, argue Gianluca Oricchio and Gianpaolo Pellegrini.

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Insight  |  November 29, 2024

Aviation debt: Resilience, rates and the return of ABS

Robust demand for aircraft and the retreat of banks from the aviation debt market are creating opportunities for alternative lenders and their investors, as Alok Wadhawan and Brian Lau explain.

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Insight  |  November 27, 2024

European high yield: We need to talk about Sharpe ratios

Investors considering an allocation to European high yield should pay heed to the old adage that time in the market is a more prudent approach than trying to perfectly time their entry, argues Thomas Samson.

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