Could flock of fallen angels rock Europe’s debt markets?
BBB debt issuance has surged but as growth slows a flood of downgrades may have a knock-on effect on wider debt markets
Surging green bond market suffers diversification problem
A letter from Insight Investment calling for greater green bond issuance from banks highlights the lack of depth in the green bond space, despite the market growing significantly over the last year and the first green bond funds reaching their three-year track record.
Liquidity concern raising risk in European high yield market – Pictet
European high yield bonds are likely to be less attractive this year after a strong performance in 2017, due to high valuations and liquidity risk, argues David Gaud, chief investment officer Asia for Pictet Wealth Management.
Neuberger Berman slams credit agencies on ESG failings
More needs to be done by the big three credit ratings agencies to incorporate environmental, social and governance (ESG) concerns into their issuer ratings, according to Neuberger Berman.