Credit fundamentals have worsened since the market sell-off began, although central banks could provide some companies with a soft landing and many firms have drawn on their credit lines in a bid to stay afloat. In our latest edition of 360°, we discuss the uptick in defaults and downgrades and consider what this means for fixed-income markets.
In this paper, the Eaton Vance Multi-Asset Credit team looks at how recent price dislocations have affected the outlook for longer-term value across credit markets.
We expect the global economy and financial markets to transition from intense near-term pain to gradual healing over the next six to 12 months. However, there is the risk if not the likelihood of an uneven recovery, with significant setbacks along the way and some permanent damage.
History teaches that epidemics tend to have short-term effects on economies and markets, but great uncertainty remains about the coronavirus.
PP’s expert panel discusses key considerations for trustees tendering for a fiduciary manager
QMA’s Global Multi-Asset Solutions Group shares their global economic and investment outlook for the fourth quarter of 2019.