High Yield Bonds – Page 8
-
News
Strathclyde adds £300m multi-asset credit for ‘enhanced yield’ shift
Pension fund begins move to new strategy by tendering for high-yield and syndicated loans manager
-
News
Pension fund tenders €250m high-yield mandate using IPE Quest
Pension fund in Benelux region seeks active high-yield bond manager
-
News
European scheme tenders US high-yield mandate using IPE-Quest
Pension fund looks for asset manager to run active mandate
-
News
Strathclyde slashes equities in shift to ‘enhanced yield’ strategies
UK’s largest LGPS moves away from 70% equity allocation to absolute return, hedge funds and debt
-
News
Swiss funds troubled by impact of negative 10-year bond yields
Swiss 10-year government bond yield positive if inflation forecast remains true
-
News
Credit risk premium ‘underestimated’ due to duration fault, says AQR [updated]
Eerroneous matching of duration between risk-free sovereign bonds and corporate bonds led to underestimation of pure credit risk-premia
-
Asset Class ReportsOil price impact on high-yield
The oil price fallout in high-yield has so far been contained within sub-sectors of US energy and migh have opened up energy sector value opportunities
-
Asset Class Reports
High Yield: US issuers, euro spreads
A substantial spread differential is attracting US investment-grade issuers across the ocean to issue bonds in euros
-
Asset Class Reports
High Yield: Oil, banks and rates
Martin Steward finds the diversity of high yield reflected in three very different kinds of risk run behind similar-looking headline exposures
-
NewsBank of England to run rule over asset managers' liquidity strategies
UK central bank to work with regulator to analyse asset managers’ approach to managing liquidity in stressed markets
-
News
LPFA selects four managers ahead of £150m alternative credit push
London local authority fund selects four managers for national framework agreement
-
News
OECD warns over ‘aggressive interpretation’ of bond covenants
Think tank notes divergent approaches between hedge fund, traditional bond investors requiring third-way approach on engagement
-
News
High-yield sees record issuance as European markets ease terms
Second quarter sees peak issuance before falling steadily but keeping 2014 as record level
-
Features
High Yield Bonds Commentary: Happy to be bullish contrarians
Louis Cohen believes fundamentals remain firmly in place for spread compression in high-yield and explains why his team is unconcerned about being contrarians in this market
-
News
Euro, US high-yield markets diverge as energy default risk takes hold
OPEC decision to maintain production hits US energy exploration, production companies
-
Asset Class Reports
Dangerous liquidity
Following another summer of high-yield bond market volatility, Emma Cusworth asks whether ETFs are to blame for credit markets getting riskier
-
Asset Class Reports
High-yield Bonds & Loans: Covenants and calls
Joseph Mariathasan and Martin Steward ask whether investors’ traditional protections are getting squeezed out in the convergence of high yield bond and loan markets
-
Asset Class Reports
High-yield Bonds & Loans: Lien and healthy?
Jennifer Bollen finds booming leverage markets bringing second-lien debt back into vogue in private equity deals – and in Europe, that can mean mezzanine-like risk
-
Asset Class Reports
High-yield Bonds & Loans: Slow but steady progress
While some European countries are making progress with respect to non-bank funding for mid-market businesses, others still have some way to go. Yet there is a growing appetite for the standardisation and transparency required to develop this market, write Alexandra Krief and Taron Wade
-
Asset Class Reports
Time for some caution with this asset class
How do you invest in high-yield bonds and loans?
