I am adopting a new attitude when it comes to investing. Whenever I read an article which asks, “is [insert type of investing here] dead?”, I am going to consider it a good signal to buy.
Shopping after growth derating
High-yield bonds were particularly affected during the March sell-off, and the asset class is still trading at attractive valuations. At a time when listed companies are cutting dividends, we believe that high yield’s income-generating qualities means that it has the potential to deliver superior risk-adjusted returns earlier on in the market’s recovery.
Hermes' credit team updates investors