INSIGHTS

Weekly Credit Insight Dispersion in year-to-date returns across various parts of the global credit universe. 29/03/2021 - Andrey Kuznetsov

Fiorino: bond themes and late-cycle mood music: as rates go up-tempo, markets rotate As global economies emerge from the Covid-19 doldrums, bond markets could be tiring. But late-stage fixed income dynamics can also play out well for astute investors. Fiorino conducts a brief enquiry. 19/03/2021 - Filippo Alloatti

Pricing ESG risk in credit markets: through volatility, our conviction affirmed Companies with better ESG practices tend to have lower CDS spreads, even after controlling for credit risks. 15/03/2021 - Mitch Reznick

Credit Pulse: market update – 12 March 2021 How does the fixed-income team use different types of loans to protect investments from inflation in this current environment and why have asset-backed securities (ABS) grown more attractive as concerns over rates increase? 12/03/2021 - Fraser Lundie, CFA

Tackling decarbonisation in credit portfolios We believe that it is possible to invest and create value while also working to prevent the unfolding climate crisis. 04/03/2021 - Mark Bruen

A new shape for restructuring in the EU? The EU Directive on preventive restructuring frameworks finally comes into force this summer. 03/03/2021 - Maria van der Veer

A changing climate in fixed income: 360°, Q1 2021 In a sustainability-focused edition of 360°, we explore how sustainable finance shifted from a niche corner of the market to a position of prominence. 12/02/2021 - Andrew Jackson

Credit Pulse: market update - 12 February 2021 What are our views on fixed income markets for the next coming months? How does the team prepare for the different possible outcomes? 12/02/2021 - Andrew Jackson

The latest evolution of distress language in CLO documentation With greater flexibility afforded to the manager, what can debt investors reasonably expect from changes made to documentation for collateralised loan obligations (CLOs)? 11/02/2021 - Emeric Chenebaux

Bank bonds and the uncertainty principle: why financial analysts must look outside the box Understanding financial institution fixed income securities requires analysis that stretches across traditional boundaries of knowledge. 10/02/2021 - Filippo Alloatti

The greenness of the EU budget: implications for fixed income and industry The EU’s significant budget allocations to address the climate crisis supports the decarbonisation of the economy whilst also securing the permanence of sustainable fixed income. 02/02/2021 - Mitch Reznick

Credit Pulse: market update - 15 January 2021 How does the fixed-income team at the international business of Federated Hermes see this year shaping up? 19/01/2021 - Andrew Jackson

Found in space: how markets could make contact with reality in 2021 This month, Fiorino looks to the stars for an alien-eye view of Earthly financial conditions... 15/01/2021 - Filippo Alloatti

The Meeting Room Webcast: Why now for US high yield? From the rapid spread of the coronavirus pandemic and turmoil in crude oil markets in late February to Joe Biden’s US presidential election win and a promising vaccine breakthrough in November, it has been an unprecedented 12 months. 11/12/2020 - Aoifinn Devitt

Debt deliveries: US consumers bat on in fading light The US consumer has long been in the top order of the global economy but the days of debt-fuelled hit-outs could soon be over. 10/12/2020 - Filippo Alloatti

Electric vehicles: reaching a tipping point How are automakers positioning themselves for an all-electric future? 02/12/2020 - Ilana Elbim

Cautiously optimistic on US high yield After a volatile year, Mark Durbiano CFA®, Senior Vice President and Senior Portfolio Manager from the Federated Hermes Inc. office in Pittsburgh, remains hopeful for a better 2021. 01/12/2020 - Mark Durbiano

Credit: Industry Insights Plugging into the future: challenges and opportunities for electric vehicle (EV) adoption. 01/12/2020 - Ilana Elbim

Credit Pulse: market update - 20 November 2020 In this episode of Credit Pulse we explore the implications of the US election result, the role that oil-and-gas debt issuers could play in a decarbonising world and give our lessons learned from 2020. 23/11/2020 - Fraser Lundie, CFA

New order: navigating the energy transition The energy transition is an existential long-term risk for oil and gas companies. 04/11/2020 - Audra Delport

The road less travelled: 360°, Q4 2020 It is during periods of extreme uncertainty that it is most important to call out herd behaviour. 03/11/2020 - Andrew Jackson

From Buddha to Bagehot: how global banks are keeping the liquidity flowing If liquidity is the ineffable essence of being for banks, its absence presents an existential threat. 28/10/2020 - Filippo Alloatti

Marking UN Day To mark UN Day, we are focusing on four sustainability challenges identified by the UN Global Compact. 22/10/2020

Credit investors: delivering into the imperatives of Paris In this video Anna Karim, Investment Director Fixed Income, and Mitch Reznick, Head of Research and Sustainable Fixed Income, discuss how to decarbonise portfolios within fixed income and the imperative of aligning investment strategies with the Paris Agreement. 22/10/2020 - Mitch Reznick