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Ashton Parker and Anando Maitra, co-managers of LO Funds – Fallen Angels Recovery
Based on more than decade of research and deep expertise, the team will discuss how fallen angels can:
- Offer better risk-adjusted return potential than other ratings categories including IG, BBB, BB and HY
- Deliver returns throughout the market cycle
- Reduce credit risk in a high yield portfolio
- Represent a credit sweet spot
Using real-life examples, the team will also cover the importance of active management to avoid investing in fallen knives.
