High Yield Bonds
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
ESG integration in bonds ‘requires different strategy’ to equities
ESG criteria in fixed income funds should focus on company’s financial strength, rather than market sentiment
Five ways to integrate ESG into investments
The days of treating ESG and sustainability matters as “extra curricular” are numbered and will be the differentiator for investments in the future, according to Legg Mason affiliates. Click through the slides below to find out five ways to integrate ESG into investments.
Spotting defaults in high yield portfolios
Defaults normally take a couple of years after the first warning signs and therefore can usually be predicted, said Vivek Bommi, European high yield and global high yield manager for Neuberger Berman. He explains some of the red flags and his approach to risk.