Extra Credit

Healthcare has endured short-term headaches as inflation and rising rates squeezed cash flows. Now it looks set to resume offering its unique characteristics for private credit investors.

First small cracks are starting to appear in credit driven by the higher for longer rates environment, while select opportunities are surfacing in emerging markets.

Extra Credit – the new season of the podcast Long Story Short – kicks off with a deep dive into the rise of quant credit and the future of systematic bond trading.

Is dispersion a help or a hindrance to portfolios in 2024? Catch the replay of our live webinar on how investors should be thinking about high yield, credit risk sharing and private credit in their portfolio.

An environment built for active managers, not for indiscriminate beta players.

Matthew Moniot, Co-Head of Credit Risk Sharing at Man GPM, joins Bloomberg Intelligence's Noel Hebert and Sam Geier on this episode of Credit Crunch, part of the FICC Focus podcast.

Veterans of the cat bond market would argue yes, but 2023 was a notable exception. Other instances in history even show that larger losses do not necessarily need to be precipitated by an active season.

Private credit – specifically middle market, sponsor-backed direct lending – looks uniquely positioned to weather the future storm thanks to a number of supportive structural factors.

Residential private credit offers a compelling investment case for insurers, from diversified income streams to favourable capital treatment. Listen to Eric Atlas share his insights with InsuranceAUM.

Everyone needs a roof over their head. Residential credit offers investors a number of benefits: stability amid volatile rate cycles, house prices reflecting healthy market fundamentals, strong consumer demand and government-agency support throughout credit cycles.

While Europe provides a rich hunting ground for credit investors, upcoming maturity walls and refinancing pressures pose opportunities as well as risks.

With dispersion in credit markets across geographies and sectors, the opportunity set for bottom-up investors looks attractive.