MFS’ Murfin: ‘Expensive and dangerous’ credit markets require opportunistic approach
An opportunistic approach to credit markets is necessary in a world where quantitative easing and the search for yield has made certain areas “expensive and dangerous”, says Owen Murfin, investment officer and institutional portfolio manager at MFS Investment Management.
Axa’s Iggo: ‘Rock solid’ credit market could crumble
Although investors are behaving like the credit market is “rock solid” Axa Investment Managers’ Chris Iggo cautions they might be more fragile than they appear.
Hermes’ Lundie: High yield investors in for a nasty surprise
The benign conditions that prompted investors to overlook investment grade fixed income in favour of high yield could soon come to an end according to Hermes’ credit specialist, Fraser Lundie.
Hermes finds correlation between ESG and credit spreads
New research from Hermes Investment Management shows a correlation between companies with high ESG scores and low credit default swap spreads.