corporate debt

Investment Strategy

Managers bullish on Chinese and Indian corporate debt

Australian investors are being urged to increase their exposure to Chinese and Indian credit, owing to imminent political change, low default rates and high yields. Corporate emerging market debt represents only 5 per cent of the BofA Merrill Lynch Global Corporate Index, but AXA Investment Managers has double this exposure in several of its strategies. […]
Hedge Funds

The slide of sovereign
debt ratings

Investors may come to remember 2011 as the year we lost the risk-free rate of interest. The debt-ceiling episode of the summer raised the possibility that the US might not make a coupon payment, and Standard and Poor’s (S&P) downgrade showed that ratings agencies could regard this as more than a temporary hiccup. Several other […]