Few upgrades expected

insight's head of credit lucy speake believes demand for fixed interest is all set to continue

With little evidence of companies de-leveraging or stabilising their debt profiles apart from in the telecoms sector, head of credit management at Insight Investment Lucy Speake predicts a distinct lack of ratings upgrades to lift the market. However, in terms of the future for the credit market, Speake said the strong performance and popularity of the sector in recent years has been supported by technical arguments she does not see abating in the near future. 'Over the last few years, individual and institutional investors have flowed into credit funds at the expense of equities to...