"I’m passionate about credit and proud to be a part of a team of professionals who are just as motivated and excited about what we do. We have one goal: To deliver the best results for our clients." — Eric Gold, Team Head
With interest rates likely remaining higher for longer and corporate earnings growth expected to further slow into the remainder of 2023, we expect returns to be driven by carry rather than by spread compression.
Mark Kehoe, Portfolio Manager and Senior Analyst on the Global Credit team at MacKay Shields gives his thoughts around the current bank crisis and provides background on what Additional Tier 1 Securities are and how they play a role in the crisis.
Bonds are back to being bonds in 2023, as we believe higher income will drive investment grade returns.
4 MIN VIDEO
JANUARY 6, 2023
Downgrades, Defaults and Regional Allocations
Michael DePalma and Cameron White on the Global Credit team share their outlook for the Global Credit market, their observations on downgrades and defaults in the next year, and how they think about regional allocations in 2023.
When we outlined our approach to engaging with companies on ESG issues, many investors asked how we determine what issues are “material.”
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