No Autumn chills for Global Investment Grade Corporate fundamentals
IG valuations remain tight, and the market remains focused on whether this is justified by fundamentals. Our bottom-up company analysis shows profitability remains strong and leverage modest.
European utilities: prepared for the spending storm
Despite huge growth in demand, costs squeezes and supply constraints around raw materials and capacity are limiting expected returns in renewables development.
In Credit Weekly Snapshot – 14 October 2024
In Credit Weekly Snapshot – 7 October 2024
Slow-speed crash? Problems for the European auto sector pile up
Healthy cash balances built up over the past three years will be tested as firms attempt to weather the four-pronged oncoming storm of labour relations, EV uptake, emissions regulations and China.
In Credit Weekly Snapshot – 30 September 2024
In Credit Weekly Snapshot – September 2024
Our fixed income team provide their weekly snapshot of market events.
Boeing bonds bound to bounce back?
With $60 billion of outstanding corporate bonds, the business is among the largest non-financial IG issuers, and it wants to reduce its leverage. But with that being unlikely anytime soon, investors have a decision to make.
In Credit Weekly Snapshot – 23 September 2024
Can the demand for critical minerals be met responsibly?
Solar, wind and batteries all rely on critical minerals. Will the race to unearth them drive innovation or lead to unsustainable practices in global supply chains?
