Amundi Tips AT1s in ‘Goldilocks’ View; Shipping Focus
Europe’s largest asset manager, Amundi, expects Additional Tier 1 bank bonds to extend gains in what it sees as a broadly positive market for corporate debt. “We’re obviously in this kind of Goldilock...
4 Apr 202444min
Altice Stress Weighs on CLO Market, Sound Point Says
Altice’s debt woes pose a threat to the collateralized loan obligation market, says Gunther Stein, chief investment officer for US performing credit and CLOs at Sound Point Capital Management. “Altice...
28 Mar 202435min
Junk Spreads Are Too Tight, Says Loomis; iHeart Focus
Credit investors aren’t getting enough compensation for corporate credit risk, says Matthew Eagan, a portfolio manager and head of the full discretion team at Loomis Sayles & Co. “Judging from the spr...
21 Mar 202442min
Marathon’s Richards Predicts Asset-Based Lending Boom
Asset-based lending is set to expand over the next 10 years at the same heady pace as private credit, according to Bruce Richards, CEO and Chairman of Marathon Asset Management. “The $100 billion midd...
14 Mar 202446min
Credit Pays ‘Equity-Like Returns,’ Says Napier Park
Credit derivatives and securitizations offer high yields and can perform well even if the US economy tips into recession, says Jonathan Dorfman, managing principal and chief investment officer at Napi...
7 Mar 202437min
Carlyle Sees Deluge of Opportunity as Banks Shed Loans
Financial institutions are selling off consumer loans under pressure from regulators, setting up investors for significant gains, according to Mark Jenkins, head of global credit at Carlyle Group Inc....
29 Feb 202436min
Fortress Sees $1 Trillion Real-Estate Debt Opportunity
Buyers of distressed real estate debt stand to make significant gains over the next few years, according to Joshua Pack, co-CEO at Fortress Investment Group. “This is going to be a trillion-dollar opp...
22 Feb 202439min
Fidelity Fears Creditor Violence Spread; Altice Focus
US-style creditor-on-creditor violence spreading to Europe is a worry for loan investors, according to Camille McLeod-Salmon, portfolio manager at Fidelity International. “What we are focused on is th...
15 Feb 202437min
