EUROPE - Institutional investors with concerns about rising interest rates should consider Europe's leveraged loan market, M&G Investments believes.
The firm said markets are currently pricing in rate rises, but loans can meet this risk by providing a variable income that sits some 4% above Bank of England base rates. Leveraged loans are deb...
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