Uncertainty prevails: Attractive valuations exist but the risk of defaults is high

clock
Jeff Boswell of Ninety One
Image:

Jeff Boswell of Ninety One

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.

This has left many parts of the market attractively valued, even when considering the huge uncertainty around Covid-19 and its economic impact. Valuation concerns as investors clamour for short-term...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

The fund is classified as Article 9 under SFDR

BNP Paribas AM launches Social Bond fund

0.68% OCF

Jenny Turton
clock 25 November 2021 • 1 min read
Equity strategies had mixed results over the month

Fixed income funds favoured by investors in October

USD government bonds attracted €10.8bn as investors turned their backs on UK large cap equity funds

Jenny Turton
clock 25 November 2021 • 1 min read
Barings Strategic Bond fund to close in January

Barings to shut down Strategic Bond fund

Latest in series of closures

clock 23 November 2021 • 2 min read