The first quarter was a rollercoaster for global credit markets with a severe, homogeneous sell-off, followed by a sharp, if more modest, central bank-induced recovery.
The global lockdown has decimated some businesses with those in leisure, travel or retail seeing revenues collapse to zero.
Accused of multiple failures in WEIF collapse
Acacia to buy portfolio of 19 companies
During the 2008 Global Financial Crisis, recovery was largely in the hands of the governments bailing out troubled companies and providing liquidity to the system.
Better performance from emerging markets
Dean Tenerelli to leave at end of the year
Senior appointments from Merian
New structure prompts many promotions