Although almost half of participants were unsure about this question, slightly more were in favour of dropping the distinction than not.
One opined: "The artificial divide between BBB- and those below investment grade distorts the market unnecessarily." Another added: "Ratings are not always indicative of risks; unrated issues ca...
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
