As we continue to navigate the impacts from the coronavirus pandemic on the fixed-income market, our credit analysts present their views on the sectors they cover.
In this instalment of Industry Insights, Audra Delport, CFA, Deputy Head of Credit Research, reviews the Q2 energy earnings season. What have been the most surprising developments so far? To find out, watch this short video.
Audra joined the international business of Federated Hermes in 2015 as a senior credit analyst and became Deputy Head of Credit Research in March 2019. Audra is responsible for analysis and idea generation of the energy and technology sectors. Prior to this, she was an analyst at CDP Capital, a New York-based hedge fund that is a subsidiary of Canada-based La Caisse. Before making the move to the buy side, Audra worked at Barclays Capital in New York, where she was an assistant vice president in credit research. Audra graduated with a BA from the University of Pennsylvania with a double major in Economics and International Relations (honours) and is a CFA charterholder.
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?