Active fixed income (148)

Why we believe default rates will be lower this cycle
Markets and economics

Why we believe default rates will be lower this cycle

In the Global Financial Crisis the default rate neared 10%. There are two good reasons why we don...

By Carl Sells

24 Nov 2022

3 min read

Out of the labyrinth: Managing limited-price indexation cashflows
John Southall
Investment strategy

Out of the labyrinth: Managing limited-price indexation cashflows

Limited-price indexation pension increases are challenging to hedge perfectly but they may be...
By John Southall
23 Aug 2022
3 min read
Rate hikes, fuel spikes and EM sovereign HY
Investment strategy

Rate hikes, fuel spikes and EM sovereign HY

Historically, global food and fuel price squeezes have been bad news for high-yielding sovereigns...
By Raza AghaViraj Nadgir
15 Aug 2022
3 min read
A bear market rally? Or not?
Ben Bennett
Markets and economics

A bear market rally? Or not?

What's behind the rally in equities, bonds and credit? That was the hot topic of our weekly...
By Ben Bennett
12 Aug 2022
2 min read
Gilt yields: Are we there yet?
Markets and economics

Gilt yields: Are we there yet?

Multi-year highs in gilt yields may provide opportunities for DB schemes to increase their...

By Giles Robinson

03 Aug 2022

4 min read

Is the ECB’s new ‘anti-fragmentation’ tool up to the job?
Hetal Mehta
Markets and economics

Is the ECB’s new ‘anti-fragmentation’ tool up to the job?

As the ECB's trilemma comes to a head, we review its new tool for managing the crisis in southern...
By Hetal Mehta
01 Aug 2022
5 min read
Keeping in step with your LDI portfolio
Mark Johnson
Investment strategy

Keeping in step with your LDI portfolio

The implications of inflation and volatile markets for LDI portfolio holders are clear, but...
By Mark Johnson
01 Aug 2022
3 min read
Russia, Nord Stream 1 and the bond market
Markets and economics

Russia, Nord Stream 1 and the bond market

What would it mean for European credit if Russia turns off the taps?
By Corinne Lewis-ReynierAngela Shi
29 Jul 2022
4 min read