All High Yield articles – Page 16
-
White papers
U.S. Loans: Challenged Market or Veiled Opportunity?
With loan and bond yields currently comparable, we believe—in a somewhat contrarian view to the market—there is a good argument for investing in loans, particularly in the U.S., where the economy appears to be marginally stronger than in Europe.
-
White papers
Distressed Debt: How This Cycle May Be Different
Barings’ Stuart Mathieson and Bryan High discuss the outlook and competitive landscape for distressed debt and consider the implications of the significant growth in private credit and European high yield since the last cycle.
-
White papers
On my mind: Yield curve hysteria
The inversion of the Treasury yield curve has recently gotten a lot of attention in the financial press as being a harbinger of economic malaise ahead.
-
White papers
Slower Global Growth a Rising Concern
Where is the global economy headed? Allocation Views discusses trade tensions and thoughts on allocation settings.
-
White papers
U.S. Loans: Challenged Market or Veiled Opportunity?
With loan and bond yields currently comparable, we believe—in a somewhat contrarian view to the market—there is a good argument for investing in loans, particularly in the U.S., where the economy appears to be marginally stronger than in Europe.
-
White papers
Pick a Number, Any Number
Among Three Central Rate Forecasts, The Middle Still Feels Right.
-
White papers
Fixed Income Charts And Views
A slowdown in global growth, with subdued inflation and dovish central banks (CB) committed to avoiding further economic deceleration, is a trend that, in our view, should remain favourable for bond investors. On one side, this should limit the upside in core bond yields and, on the other, support the credit market, although we are aware that the spread compression in this first part of the year has been very strong and that an increasingly selective approach will be crucial to exploiting pockets of value.
-
White papers
Fixed Income: Upending the Conventional Approach
Michael Freno, Head of Global Markets, shares his view on where value can still be found in fixed income, despite the uncertain current environment—and why investors may need to look beyond traditional indexes in high yield, investment grade and emerging markets debt.
-
White papers
Update on drivers in Real Assets - Q2 2019
Fears of a potential global economic slowdown have put interest rate rises on hold. Longer duration assets (infrastructure debt and equity, real estate long income) should capture the higher capital gain if long-term rates fall but are quite insensitive to short-term rates. Despite higher leverage in infrastructure versus real ...
-
White papers
Hedge Fund Strategy Outlook Q3 2019
Changing rate environment, heterogeneity within Europe, and a combination of broad macro factors and idiosyncratic situations should create opportunities.
-
White papers
Fixed Income: Upending the Conventional Approach
The search for yield trudges on amid trade and tariff clashes, and a credit cycle that continues to surprise in its longevity. In this Q&A, Michael Freno, Head of Global Markets, shares his views on where value can still be found and how investors can benefit from looking beyond traditional indexes in high yield, investment grade credit and emerging markets debt.
-
White papers
Fixed Income: Looking Beyond the Index for Late-Cycle Value
Head of Global Markets, Mike Freno, sheds light on how the Barings’ teams are finding value outside of traditional indexes across high yield, investment grade credit and emerging markets debt.
-
White papers
Where the Dry Powder Goes Next
Stuart Mathieson and Bryan High, portfolio managers for the Global Special Situations strategy, discuss the outlook for distressed debt investing—and explain how they’re finding opportunities throughout the cycle.
-
White papers
How Opportunistic Is Your Investment Grade Allocation?
Michael Freno, Head of Global Markets, discusses the benefits of ‘multi-asset’ or ‘opportunistic’ credit portfolios and the newly-launched Barings Global Investment Grade Strategies.
-
White papers
Four Reasons Security Matters Right Now
Amid the late stages of an elongated credit cycle, Martin Horne, Barings’ Head of Global High Yield, discusses four reasons why global senior secured bonds—a lesser known and perhaps underappreciated subset of high yield—could be an attractive option in the event of defaults.
-
White papers
High Yield: Oasis In Search For Yield?
Since early 2016, US HY default rates have experienced a sort of “mini –cycle”, peaking at the end of 2016. Nevertheless, the recent rise and fall movements appear mostly commodity driven: default rates would have remained fairly stable if energy and material sectors were excluded from calculations.
-
White papers
Your Questions Answered by Hermes Direct Lending
What is direct lending? How did you position your strategy? These are just a couple of the most commonly-asked questions about direct lending by our clients and prospective clients.