high yield

High yield: Time for a radical new approach?

Man's psychological bias against lower yielding companies is creating an anomaly which savvy investors can exploit, explains L&GI's Martin Reeves.

Where are the best credit opportunities following the sell-off?

‘How we are using alternatives to dampen volatility’

'How we handled the European sell-off'

The high yield bond sector saw its worst third quarter for three years, but the sharp falls are a good entry point for investors, according to Legg Mason affiliate Western Asset.

Diverging fortunes for government bonds and credit in recent weeks have prompted some fund buyers to suggest strategic bond portfolios could flourish again in the coming months.

'Weak high yield credits are getting weaker'

The credit cycle is in the expansionary phase - typically when companies dabble in a little more financial engineering. Credit risk must return to top priority, argues Matt Eagan from Loomis Sayles.

The recent sell-off in high yield means opportunities in the 'rising stars', housing, and building materials sectors, explains PIMCO's deputy CIO Mark Kiesel.