For high yield investors, taking long credit risk in industries that are undergoing secular changes presents a challenge, writes Meridith Alin, senior credit analyst at NN Investment Partners.
Several sectors, including many in technology, media and telecommunications (TMT) in the US, are in the midst of secular changes that have raised questions as to the longevity of — and thus the wisdom...
38 VCTs raised funds in 2016-17
$4.4bn weekly outflows
Double the size of holdings in existing AR fund
Urging Treasury to appoint more women
China's debt could reach $7.6trn by year-end