The Changing Face of Global Credit
Roundtable Highlights Reels
We live in uncertain times in credit markets! Rates are volatile, especially at the long end; curves have steepened, and geopolitics brings material uncertainty to the inflation outlook and the path of rates going forward.
Despite this, spreads in investment grade and high yield sit near cycle tights.
This was a fascinating context to bring together expert portfolio managers to explore the risk/ return trade-off in IG v HY and positioning for duration.
With big thanks to our panellists:
Kristian Cassar of Quilter Investors
Phil Wellington of Portfolio Metrix
Andrew Pottie of Cazenove
Richard Philbin of Hawksmoor
Eric Louw of Aberdeen
Tom Harrison of Saltus
Artemis’ Liam O’Donell sets out:
- Positioning for geopolitical volatility
- Inflation and neutral rates outlook
- Short dated credit’s present attractive profile
Premier Miton’s Lloyd Harris sets out:
- The attractive yield available on Investment Grade credit
- Why short-dated credit is in the risk/ return sweet spot
- How active management can identify mis-priced credit
Insight Investment’s April LaRusse sets out:
- How the High Yield’s market quality has improved over time
- How leveraged companies are performing in a higher for longer environment
- Picking spots in Europe v US High yield