Global

A wave of risk aversion hit high yield bonds in Q3. Here, fund managers give their views on the sector after the sell-off and where the sweet spots now lie for investors.

Fund launched for subsidiary Western Asset

Follows Draghi's QE re-examination

Rate hikes are off the table until 2017

Credit ratings have been improving across Asia, but spreads persist which could partly be down to Western investors' unfamiliarity with the markets.

Issue six times oversubscribed

Investors want short duration

Demand for safe haven assets

So far in 2015, the European high yield market has defied many by outperforming that of the US. Many had believed the dislocation in US high yield, widely blamed on slumping oil prices at the end of 2014, would leave room for it to outperform Europe in...

Banks forced to scale back role