US/EUROPE - High yield as an asset class is well established in the US where it can offer both depth and breadth - around 1200 issuers covering a wide range of sectors.
By contrast, Europe offers only around 100 or so issuers with more concentration of sectors, mainly telecoms, media and technology. The value of the US market is around US$350bn in the US, compared...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
