Liquidity-driven dislocations and central bank distortions: Opportunities in European credit markets

[vc_empty_space]Allocators are wrestling to understand how they should respond to an investment landscape reshaped by a global pandemic strangling economic activity and unleashing powerful public policy responses. By sharing our insights, this paper is designed to help investors navigate the current dislocated credit markets as they look to determine which strategies are the most appropriate for their particular circumstances. This paper will examine the merits of investing in investment grade corporate credit via credit default swaps, of investing in dislocated European real estate-backed bonds, leveraged loans and senior secured corporate bonds and in capturing the rapidly evolving opportunity to provide rescue liquidity in both the corporate and real estate markets.

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The ‘brutal pursuit’ that shaped Aware Super’s new CIO

The new chief investment officer of the $230 billion Aware Super expects that the fund will be around for the next 100 years. To make sure it keeps delivering for members, he’s optimising the work already done to build its portfolio, thinking hard about the best way to access assets, and embracing the risk management lessons he first learned as a trader for Chemical Bank.

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