Pandemic policy measures don’t derail credit preference
Policymakers have taken several steps to prevent the banking sector from becoming an amplifier of the shock caused by the Covid-19 pandemic, instead making it part of the solution. We believe the sector has enough capital and liquidity to ride out the pandemic
UK real estate: weathering the Covid-19 storm
Reflecting the market optimism that was evident prior to the outbreak of the Covid-19 virus, investment transaction volumes for Q1 held up remarkably well in relative terms. However, investment activity was almost exclusively confined to the previous year. I
Meanwhile… back in the range
Our fixed income team provide their weekly snapshot of market events.
Welcome to a new high yield universe
The prevalence of ‘fallen angels’ has changed the composition of the European HY market. So how might we go about navigating it?
In Credit – Weekly Snapshot – July 2020
Our fixed income team provide their weekly snapshot of market events.
Investment grade credit: how cheap are credit spreads?
From the middle of February to late March was one of the worst periods of performance for risk markets in general and for investment grade (IG) credit in particular. This was in response to the Covid-19 crisis and was marked by both the speed and extent of the spread widening.
Dismal data and downgrades continue
Our fixed income team provide their weekly snapshot of market events.
Coronavirus sparks a social shift in the bond market
The coronavirus is a social issue that has brought unprecedented disruption to societies and is impacting the wellbeing of the world’s population. Capital markets are responding to this challenge with more than $9 billion of social bonds issued in the past three weeks, all from supranational entities. However, more can be done, and this presents a great opportunity for governments to follow suit.
Oil prices down, credit downgrades up.
Our fixed income team provide their weekly snapshot of market events.
Recession and the long road to recovery
The first official measures of the economic impact of coronavirus are being released, and it is now all but inevitable that we will see a deep contraction in economic activity in the US as a result of the shutdown implemented to contain the virus
