Impax to acquire £1.6bn European fixed income assets from Sky Harbor
Impax adds to fixed income range while AUM falls in third quarter update
Impax adds to fixed income range while AUM falls in third quarter update
Study finds fund buyers bullish on fixed income, with less certainty in equity
Labelled bond market continues to grow across Europe, reports Hannah Williford
Strategy was launched by the firm’s private markets business last November with an initial €500m committed
Valuations across some parts of the credit market could look stretched
Sometimes the market is not just inefficient, it throws up opportunities that defy logic – and today, argues Jack Holmes, is such an occasion
Solid issuer fundamentals today and tighter bank regulations to come should combine to provide a credit tailwind High-quality preferred securities, primarily issued by investment-grade-rated companies, currently offer 7% to 9% yields – considerably greater than what is available from investment-grade corporate bonds. As Chart 1 shows below, yields on over-the-counter (OTC) and contingent capital (CoCo)…
First Sentier Investors has received all regulatory approvals to form a strategic partnership with boutique European alternative credit manager AlbaCore Capital Group, the asset manager announced. Mark Steinberg, CEO of First Sentier Investors, said that the completion of the group’s majority investment into a strategic partnership with AlbaCore would diversify the range of investment capabilities…
Green bonds are propelling the worldwide ESG debt market, according to analysis by Bloomberg Intelligence, writes Laura Miller. The resilience of the green bond market in the first nine months of the year saw issuance exceed $505bn – or 48% of total sustainable issuance – up 8% on the same period last year. Social bond…
Are bonds a good or bad investment in the current environment? Sarah Godfrey takes a closer look Bond yields can be a real head-scratcher for investors. Rising yields are a function of falling prices; falling prices usually mean an asset is out of favour, yet higher bond yields signal better returns for those who buy…
Nomura Asset Management (NAM) has launched a corporate hybrid bond fund open to investors across Europe. The Nomura Funds Ireland – Corporate Hybrid Bond Fund aims to provide investors with exposure to high quality issuers with yields comparable to those of high yield bonds. The strategy will be managed by NAM head of corporate hybrid…
There is a question over whether spreads adequately reflect the outlook for the global economy