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.
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.
Fund managers favour high yield credit and local currency emerging market debt but remain cautious on investment grade credit, according to survey of fixed income firms.
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.
Luxembourg-domiciled Global Fixed Income Opportunities fund seeks to exploit market volatility to offer investors higher returns in return for higher level of risk.
Skittish investment in high yield bonds and robust demand for emerging market debt led the action by European bond funds over the last year. Will this trend continue?
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.
After a decade of ultra-low interest rates and loose monetary policy, the consensus is that central banks around the world will continue to tighten their belts in 2018, so how best to tackle the shift?
M&G Investments has launched an ESG-screened global high yield bond fund, the company’s first venture into the area of responsible investing. The fund will be co-managed by the same duo that already manages M&G’s conventional global high yield bond fund.
It has been a consensus trade for yield hunters this year: buying emerging market debt. A net €54bn has already flown into the asset class this year. This contrasts with recent outflows from high-yield bond funds.
BNY Mellon IM has launched a high-yield bond fund. The new fund aims to combine “the best of the active and passive worlds” while still charging less than the most popular US high-yield bond ETFs.
European high yield has had a good run so far this year but can that continue as the European Central Bank turns off the quantitative easing (QE) tap?
