Fixed Income – Page 24
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White papersA bigger splash: How much liquidity do I need?
The importance of holding liquidity is well understood by large institutions. But how much is enough? In the first part of our new article series on liquidity optimisation, Alastair Sewell investigates the key considerations for different investor types.
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White papersBuy and maintain: an alternate approach to fixed income investing
Nuveen’s approach to buy and maintain investing combines the power of active investing — including diversification and stringent credit risk management — with the benefits of passive investing, such as low turnover and cost-effective fees.
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White papersFilling the void: A brief history (and future) of lending disruption
While the 2008 global financial crisis greatly sped up the growth of private credit, where is the disruption of bank lending headed next?
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White papersThe art of carry: How the strategic use of yield can help maximise fixed income results
A bond’s coupon income, and therefore its carry, is essential to delivering long-term results in fixed income. Along with providing a regular income stream, the coupon also gives a cushion to help smooth out any price volatility.
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White papersBarings: Bigger Is Not Always Better in Private Credit
Stuart Mathieson spoke to Citywire Selector at this year’s SuperReturn about which part of the private debt market offers a better risk-return profile.
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White papersThe New Frontier in Fixed Income: Systematic Investing
Bond investors have been looking for an approach that delivers attractive, repeatable, uncorrelated active returns. Is their wait over?
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White papersWhat do geopolitical risks mean for central bank FX reserves managers?
Two major industry surveys show that adjusting for geopolitical challenges will impact the way foreign exchange reserves are managed.
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White papersUS investment grade credit bounces back from its nadir
In his 1974 children’s book, The Tiger’s Bones, the English poet Ted Hughes wrote that “Nothing is free. Everything has to be paid for.”
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White papersUS inflation is moderating
“Falling price pressures should be supportive of US government bonds and investors could also explore other quality fixed income assets in developed as well as emerging markets.”
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White papersPitchbook: Q&A: Barings BDC’s Freund Says Inbound Deal Activity Strong, Pricing May Tighten
Matt Freund recently shared his thoughts on the current state of the private credit market with PitchBook LCD.
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White papersEM Sovereign Debt: Spreads Are Tight… So What?
A superficial look at EM sovereign spreads suggests they may be too tight to offer attractive upside. We disagree, and here’s why.
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White papersFour Reasons to Revisit EM Corporate Short Duration Debt
Against a potentially higher-for-longer backdrop, a short-dated approach to EM corporate debt can provide an opportunity to pick up income, incremental yield and diversification, with less volatility.
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White papersAre U.S. and European Bonds About to Break Ranks?
The two markets have marched in lockstep for several months, setting up the potential for attractive relative-value and dispersion trades.
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White papersSpecialty Finance: High-Yielding, Short-Duration and Uncorrelated Private Credit
The underlying assets, bespoke structuring and market dynamics of Specialty Finance can complement a traditional private debt strategy.
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White papersPrivate credit: Europe vs the US
The global private credit market is dominated by the US and Europe. M&G believe the European market is set to expand more rapidly. What are the key differences within each region? Which could potentially offer the most attractive risk/return? Our latest insight provides a roadmap for investors.
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White papersEU election results and French politics
The 2024 European Parliament elections took place between 6 and 9 June 2024. The results indicate that the centrist parties should be able to form a working coalition. The European People’s Party (EPP) increased its parliamentary seats. At the same time, parties such as Identity and Democracy (ID) and European Conservatives and Reformists (ECR) with far-right credentials also gained seats.
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White papersThe ECB initiates rate cuts after a long gap
“The ECB avoided any surprises for the markets as it reduced policy rates amid decelerating inflation, which could boost appetite for European fixed income.”
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White papersBond investing when Central Banks are in motion
2024 is establishing a new market dynamic for bond investors. After the great repricing of 2022 and 2023 when market attention was mainly tilted towards inflation, 2024 is increasingly seeing a more balanced focus towards both inflation and growth. Moving ahead, the slowdown in inflation should continue, although reaching the 2% target may take longer than initially expected by the market, and the route is going to be bumpy as inflation remains sticky.
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White papersLocal banks lead on physical climate risk
The increased frequency of wildfires and flash flooding is already hitting insurance companies. But what about the climate exposures faced by banks in their mortgage and commercial loan books? Will Farrell investigates.
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White papersAdapting to a shifting liquidity backdrop
Many UK money market funds have been extending weighted average maturities as the BoE considers rate cuts.
