Performing Credit Quarterly 3Q2023: Tails, You Lose?
Apr 2024
Extra Credit: Catastrophe Bonds – A Diversifier Like No Other
In this episode of Extra Credit, Andre Rzym and Tarek Abou Zeid discuss the world of catastrophe (cat) bonds. In 2023, insured losses from natural disasters stood at an estimated $3-5 billion, insufficient to worry the cat bond market but big enough to sustain demand for reinsura ... Show More
31m 36s
May 2024
Extra Credit: Can Private Credit Weather the Storm?
In this episode of Extra Credit, Danilo Rippa, Head of Multi-Strategy Credit at Man Group is joined by Kevin Marchetti, co-Head of Direct Lending and Chief Credit Officer, and Zeshan Ashfaque, Senior Credit Officer at Man Varagon. Private credit has grown significantly over the p ... Show More
19m 50s
Dec 2023
Private Debt ‘Tourists’ May Do Bad Deals; Bank Outlook
New entrants to the rapidly-growing private credit market, scrambling to deploy capital as demand exceeds supply, risk making loans that don’t perform well, according to Alan Schrager, senior partner and portfolio manager at Oak Hill Advisors. “You sort of love private credit tou ... Show More
51m 56s
Oct 2023
Mortgage Bonds Blow Up; Banks Feel Regulatory Heat
<p>The $8 trillion mortgage-bond market plunged to levels rarely seen since the global financial crisis as Treasury yields surged. To analyze why and what’s next, we’re joined by Christopher Maloney, mortgage strategist at BOK Financial Capital Markets, and Bloomberg News reporte ... Show More
37m 45s
<p><br></p><p>Against the backdrop of volatility in the banking sector, tightening in consumer and commercial credit may have far-reaching impacts for economic growth.</p><p><br></p><p>----- Transcript -----</p><p><br></p><p>Welcome to Thoughts on the Market. I'm Vishy Tirupattur ... Show More
<p>Like many markets, Corporate Credit has faced a rocky start to 2022. For investors, understanding the difference between default and duration risk will be key to positioning for the rest of the year.</p><p><br></p><p>-----Transcript-----</p><p><br></p><p>Welcome to Thoughts on ... Show More
<p>With investors becoming pervasively bearish on stocks and bonds in the face of a worsening growth outlook, can the U.S. investment grade credit market provide shelter from the storm?</p><p><br></p><p>----- Transcript -----</p><p><br></p><p>Welcome to Thoughts on the Market. I ... Show More
<p>As markets look to recent bank failures, how are valuations for both stocks and bonds likely to change with this risk to growth?</p><p><br></p><p>----- Transcript -----</p><p><br></p><p>Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U.S. ... Show More
<p>Amid uncertainty in the global banking sector, are European equities a safe haven for investors to weather the storm?</p><p><br></p><p>----- Transcript -----</p><p><br></p><p>Welcome to Thoughts on the Market. I'm Graham Secker, Head of Morgan Stanley's European Equity Strateg ... Show More
