What has been the impact of the bank’s purchases, and what can we expect in the sterling credit market once the BOE withdraws?
Changes in index composition represent a source of potential return for active bond managers.
Does air quality in Beijing have anything to do with the property market in Australia? The answer is probably yes.
A series of surprises on the French political scene have fueled investors’ unease.
Floating rate bank loans, which are typically the most senior debt in an issuer’s capital structure, have traditionally been considered more resilient than high yield bonds in the event of default. However, recent shifts in the bank loan market may challenge this historical norm.
Group CIO Dan Ivascyn discusses how PIMCO is seeking opportunities while managing risks in the current macro environment in areas including inflation hedging, credit and emerging markets.
Banks are likely to be among the primary beneficiaries of President-elect Donald Trump’s agenda of fiscal expansion and financial deregulation.
There remain parts of the world where banks continue to enjoy decent net interest margin, and Asia offers several cases in point.
The prevalence of Libor floors, along with large holdings in collateralized loan obligations, make the impact of rising Libor more nuanced for investors in today’s bank loan market.
While the quick gains in sterling credit may be over, we still see value – thanks to technicals as much as fundamentals.