Hannah Brenton examines the forces at work on European high-yield.
European high-yield bond funds face fundamental credit deterioration and limited spread tightening in 2013, credit rating agencies warn. In its Bond Fund Outlook for 2013, Moody's says it does n...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date