GLOBAL - Pension funds will become bigger investors in leveraged loans because the asset class provides more stable returns than equity and high-yield bonds, according to Harbourmaster Capital Management.
The credit manager, which invests in senior secured leveraged loans and bonds, has raised €1.6bn ($2bn) since the credit crisis in 2007, said managing director Alan Kerr. Most of the cash has come from...
The global economy has rebounded from the lows reached in March and April but momentum has waned as rising cases of COVID-19 have forced some regions to once again restrict activity. Jim Cielinski, Global Head of Fixed Income at Janus Henderson Investors, discusses whether credit markets can remain immune to the economic fragility.
As governments across the world seek to rebuild their shattered economies, they have announced significant spending plans to generate growth.
Global exchange-traded products (ETPs) have recorded their strongest month for inflows in 2020 as $71.5bn was added to the market, with fixed income buoying the industry providing $46.7bn of the total, according to iShares.
The fixed income year started with low yields and tight spreads but developed into a 'brutal' March. Mark Holman looks at where we are today and shares his thoughts for the future