All Credit articles – Page 3
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White papersEuropean High Yield: Market supportive despite geopolitical tensions
This article is part of the Fixed Income Quarterly Outlook for Q3 2026, covering Emerging Market Debt, Euro Credit, Euro High Yield, Sovereign Bonds and US Agency Mortgage-Backed Securities.
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White papersEuro Investment Grade: Carry and income drive returns
This article is part of the Fixed Income Quarterly Outlook for Q3 2026, covering Emerging Market Debt, Euro Credit, Euro High Yield, Sovereign Bonds and US Agency Mortgage-Backed Securities.
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White papersFixed income: Resilient, but more selective
Fixed income enters the second half of the year in a relatively strong position, though the path forward has become less certain. Yields remain attractive, and fundamentals are broadly stable, but tighter spreads and shifting policy expectations are leaving less room for surprises. The result is a market that still offers opportunity, but one where outcomes are increasingly shaped by how well investors navigate changing conditions rather than broad market trends.
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White papersPrivate credit is not one market: why European allocators need a more precise lens
Private credit has moved from a niche allocation to a structural component of European institutional portfolios. Over the past 15 years, the global market has more than tripled in size, far outpacing the growth of the public credit universe.
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White papersWhy value can never go out of style in high yield
There is an unappealing paradox at the heart of investing in line with a bond index: the more indebted an issuer, the larger its place in the benchmark. The largest 20% of issuers account for close to 60% of the ICE BofA Global High Yield Index, for instance.¹
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White papersBuilding unexpected bridges in high yield
The active-passive debate has long been framed as a contest between competing investment philosophies. In equities, the distinction is familiar: passive delivers low-cost market exposure, while active promises the possibility of outperformance through stock selection.
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White papersShifts, myths and monoliths: A clearer view on private debt
Private debt has come under increased scrutiny in recent months. But attention has focused on a relatively small corner of a vast and varied asset class. Here, we set out some of the biggest myths surrounding private debt and explain why the evidence does not support them.
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White papersThe Rise and Rise of Private Debt for Insurance Investors
Private debt keeps gaining ground in insurance portfolios for many reasons.
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White papersFallen angels are outpacing rising stars – Should investors worry?
Over the past 12 months, the number of fallen angels has exceeded the number of rising stars for the first time since 2021. What does this signal and how can high yield investors take advantage of it?
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White papersHow SpaceX and AI Spending Are Reshaping Investment Grade Credit
Hyperscalers are coming to the bond market at scale to fund AI spending, and the implications for investment grade credit investors are significant.
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White papersHow U.S. middle market direct lending complements and enhances European portfolios
Direct lending continues to expand across Europe as institutional and sophisticated high-net-worth investors recognize the attractive opportunities available. Demand for private credit, and specifically middle market direct lending, is growing faster than supply, prompting investors to look beyond their domestic markets.
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White papersInfrastructure private debt provides resilience and returns
We recently spoke with Gilles Lengaigne, Infranity’s managing partner and head of origination and corporate development, and Sacha Kamp, managing director and global head of the debt investment team, about Infranity’s role in the market and what is happening in the infrastructure private debt sector. Following is an excerpt of that conversation.
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White papersThe Full Picture: How Factors Work Together in Systematic Fixed Income
Systematic fixed-income investing is an active approach that aims to beat market returns by identifying and harnessing the factors that drive bond performance.
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White papersInvesting in euro high yield: Key considerations for insurers
Across European insurers’ portfolios, allocations to high-yield public corporate credit remain modest, at around just 2%.
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White papersBond Portfolio Optimization
Although bond portfolio optimization is one of the oldest applications of the mean-variance framework, it is considerably less developed and adopted than its equity and multi-asset counterparts. This paper presents a comprehensive framework for bond portfolio optimization applied to investment universes composed of individual securities.
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White papersStable income from backbone assets: An institutional investor’s introduction to infrastructure debt
Infrastructure means backbone assets that help the modern world function. Typically, these assets are physical facilities, networks, or systems. The common link across all the different types of infrastructure is that they enable economic, social, and operational function…
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White papersPrivate credit is not a monolith
Understanding dispersion across assets, vehicles, and leverage
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White papersThe evolution of infrastructure debt
Infrastructure debt has evolved beyond traditional senior lending, creating a broader opportunity set for both borrowers seeking flexible capital solutions and investors seeking resilient portfolio income.
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White papers2026 Midyear Fixed Income Outlook: Stay Invested, Stay Selective
MetLife Investment Management and PineBridge Investments now have more to offer as a top-tier global investment platform. Together, we bring deep insights, including this 2026 Outlook campaign. Stronger together. Built for what’s next.
