All Fixed Income articles – Page 30
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White papersLower service productivity, higher inflation?
If there is one word that our media has been able to relay in recent months, it is inflation. Price growth was the market’s problem in 2021 and it has become the public’s problem in no time. Whereas in previous periods of rising inflation, the arrival of the topic in the mainstream media more or less marked the end of the problem – let’s remember the worrying inflation of the summer of 2008 or the first quarter of 2011– this time, it is quite different.
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White papersA viewpoint on CLO markets: past, present, and future
Himani Trivedi, head of structured credit at Nuveen, shares her thoughts on the current state of the CLO markets, a lookback to 2022, and a view of what the coming year holds for CLOs.
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White papersEM Debt: Opportunities in a Riskier World
Emerging market fundamentals remain strong and continue to provide opportunities despite risks in developed markets that raise cautionary flags.
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White papersWhy, and how, investors should integrate biodiversity into fixed income portfolios
One of the fundamental features of biodiversity is that it reaches into every part of our lives – and that means the impacts of biodiversity loss are felt across investment portfolios too. In our view there isn’t an asset class or sector that would not benefit from a close consideration of how those effects might change outcomes or affect financial returns.
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PodcastRiding the Curve: Isolating Income
The big difference between 2022 and 2023 for bond investors can be summed up in one word: Income. George Bory highlights the opportunities in this week’s episode.
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White papersDe-Risking? Mind the Carbon!
Shifting a portfolio from stocks to bonds reduces investment risk, but it can also increase the portfolio’s carbon footprint. Read about a carbon-aware approach to reduce that impact and benefit the portfolio overall.
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White papersFixed Income Views: The bill comes due
Franklin Templeton Fixed Income forecasts only a short, shallow recession in the US and the euro area (EA) narrowly avoiding one, but sluggish growth ahead. Fixed Income Views presents the team’s second-quarter 2023 outlook.
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White papersA New ‘Impossible Trilemma’?
Can we lower government debt, sustain positive real rates and finance the transition to a low-carbon economy?
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VideoThe Inside Track – Public and Private Markets Outlook
(8:37) In this video discussion, experts from across our public and private markets teams offer their outlook, reflecting on valuations, where they see opportunities evolving and recent stresses within the banking sector. Chief Investment Officer, Multi Asset Strategies – EMEA, Niall O’Sullivan, Senior Portfolio Manager – Multi Sector Fixed Income, Robert Dishner and Managing Director, Neuberger Berman Private Markets, Doug Manor reflect on conditions within their respective asset classes.
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White papersFixed Income Investment Outlook: 2Q 2023
Aggressive monetary pressure finally saw meaningful impact in the first quarter, in the form of a bank liquidity crisis that required swift intervention by regulators to limit contagion.
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VideoHigh Yield: Finding Value in a Volatile Environment
Chris Sawyer, Head of European High Yield, discusses current conditions in the global high yield market and explains how they are creating the potential for attractive total returns.
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White papersSDG Engagement High Yield Credit, Annual Report 2022
In a review of the past 12 months, the investment team offers an in-depth view of engagement highlights, progress on milestones, performance and case studies.
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White papersFallen angels: beyond the downgrade
The dynamics of fallen angels make for compelling risk-adjusted returns but avoiding falling knives is paramount to maximise value for investors. From performance drivers to the supply outlook, we explore how active management can ensure we capitalise on a bond’s fall from investment grade.
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White papersSovereign Fixed Income: An Update on Our ESG Scores
A declining working age population has contributed to various problems for certain countries as well as impacting their ability to deal with them. Templeton Global Macro take a closer look and highlight five country case studies.
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White papersWait-and-See Characterizes Mood of CLO Market
As concerns about the banking sector add to continuing macroeconomic uncertainty, the CLO market finds itself largely becalmed as participants await clearer signs of the market’s future direction.
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White papersPM Spotlight: A Stock-picker at Heart Manages High Yield Bonds
This issue of PM Spotlight profiles Sarah Harrison, senior portfolio manager for Plus Fixed Income. Read about Sarah’s first great high-conviction trade in high yield and what keeps her coming back to high yield bonds.
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White papersOccupier demand delivers clear opportunities for lenders
Post-Covid, occupiers’ demand for best-in-class office buildings is presenting an opportunity for lenders, argues Dan Riches, Real Estate Debt Co-Head at M&G Investments, in this recent interview.
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White papersCutting the Gordian EM Restructuring Knot
Our proposal addresses the current standstill facing EM sovereign debt restructuring as well as improves participants’ incentive to maintain market access following a debt restructuring.
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White papersHow Will the Banking Crisis Reshape Financial Credit?
Banks’ stock and bond prices were battered by the crisis that overtook US regional banks Silicon Valley Bank (SVB) and Signature Bank (SB) and Swiss banking giant Credit Suisse (CS). We believe that the underlying causes of these failures were idiosyncratic rather than systemic. US and European central banks appear to agree, as they have demonstrated their confidence in the banking system by continuing to hike rates.
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PodcastMaking investments in infrastructure debt impactful
Making investments in infrastructure debt impactful from a sustainability angle requires a perspective that goes beyond an attractive risk-return ratio and obvious green infrastructure assets such as solar plants. Apart from a wide network to source loans that are suitable, there is a need for a strong research and assessment capability to safeguard their ‘greenness’.
