Kames Capital's recently appointed head of high yield David Ennett said his team is waiting for further volatility in the high yield market to present buying opportunities, saying the asset class is in a "sweet spot" in a record-low rate environment.
In his first interview since joining Kames Capital from Standard Life Investments, Ennett told Investment Week current market conditions are providing his team with opportunities to increase risk exposure....
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Historic levels of M&A
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Largest firms applying fee caps
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