NB Monthly Income looks to non-IG credit for 2021
'One of the best games in town'
Neuberger Berman's Vivek Bommi
Non-investment grade credit in developed markets is "one of the best games in town" moving into 2021, as defaults decline and a lack of income-generating securities tempts investors towards the asset class, according to Neuberger Berman’s Vivek Bommi.
Bommi said he expects non-IG credit to have a similar year to 2017, when volatility remained relatively low and returns were good, through 2021. He noted that a tough 2015, with the oil price crash...
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