Major turnaround for sector
Manager of Investec UK Special Sits fund
Darren Ruane, head of fixed income, Investec Wealth & Investment, looks at the Republican and Democratic candidates and how their case for the economy could affect bond markets in 2016.
Europe's recovery remains choppy, slow and fragile, yet as long as it can be maintained, European high yield debt is an attractive option for investors, according to Muzinich & Co's Erick Muller.
With Mario Draghi extending the ECB's QE programme this month, and investors returning to US high yield following a number of recent sell-offs, managers tell Investment Week which areas of the credit sphere are likely to outperform in the coming months...
Collapsing oil prices, falling equities, over exposure to energy and global stagnation have been the narrative for high yield market bears, writes Kames Capital's Adrian Hull.
Survey of multi-manager and model portfolios
European HY funds lose €1.4bn
The US high yield market spread, measured by the option-adjusted spread on the Bank of America/Merrill Lynch US HY Master II index, has been on a rising trend since the end of 2014. As at the end of January 2016, it sat at around 770 basis points, which...