The current yield-curve dynamics are not what we would normally expect in this stage of the business cycle
Is this a sign that European investors should back away from fixed income?
The outlook for high yield in 2021
There seems little doubt that investors are going to have to be more creative in the year ahead
Asset class faces lower yield, better performance may be behind it and issuance is abundant
As banking sector is largely exposed to leveraged loans and marginally to high yield bonds
Liquidity is, has been, and will continue to be a key variable in the new order
Renewable energy players could emerge more resilient from the shake up
Ucits fund invests in developed markets with a focus on Europe and applies hedges to mitigate currency risk
Bank for International Settlements concerned low grade credit makes up 45% of issuance in Europe.