Junk Defaults May Rise on Small Cap Pain, Says Regions
Small-cap US companies are at risk of default as debt comes due and the economy slows, according to Alan McKnight chief investment officer at Regions Bank. “Look at the Russell 2000 — over 50% of thos...
25 Jul 202437min
Antares CEO Eyes M&A Route to Private Debt Expansion
Antares Capital, the US-based private credit firm, is looking to expand in Europe and also sees opportunity in real estate, infrastructure and asset-backed finance. “In order to scale, we’d probably n...
18 Jul 202446min
Banks Run Into Real Estate Trouble, Political Strife
Politics and commercial real estate are the biggest perils for banks, according to Bloomberg Intelligence senior credit analysts Arnold Kakuda and Jeroen Julius. “In terms of CRE, it hits mostly the s...
11 Jul 202449min
Oaktree Sees Private Credit Stress as Excitement Grows
Private credit markets are under pressure from high interest rates, while excess demand is keeping spreads low, according to Wayne Dahl, co-portfolio manager for Oaktree’s global credit and investment...
3 Jul 202445min
BlackRock Loves Real Estate Debt That ‘Everyone Hates’
Commercial mortgage-backed securities are the best credit opportunity for the next 12 months, according to Oded Manor, global head of fixed income manager research at BlackRock. “CMBS is super-interes...
27 Jun 202447min
Arini’s Lemssouguer Sees Junk Companies Hitting a Wall
Up to a quarter of Europe’s high-yield borrowers can’t afford to pay the current high interest rates to refinance debt that’s coming due, according to alternative asset manager Arini. “The market has ...
20 Jun 202444min
Private Lender Arcmont Says High Returns Here to Stay
Private credit’s double-digit returns are here to stay, even as interest rates drop and risks rise, according to Arcmont Asset Management. “Our spreads have been very consistent for a decade,” says Ma...
13 Jun 202441min
JPMorgan Sees Value in Asset-Backed Consumer Debt
The best credit investments are in asset-backed securities, particularly those linked to US households, according to JPMorgan Asset Management. “We absolutely see opportunities for yield pickup there,...
6 Jun 202443min
