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Aperçus

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Dec 01, 2025

Muzinich Weekly Market Comment: U-turns

It was a short week due to the Thanksgiving holiday in the US. However, market price action was supportive as positive sentiment returned and our preferred sentiment index, the VIX, fell sharply back below 17 from a high-stress level of 25, the previous week.

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Nov 25, 2025

Parallel lending: A disciplined path to resilient credit

By aligning with regulated bank standards, we believe parallel lending offers a transparent and resilient alternative within a market under increasing scrutiny, argues Gianluca Oricchio.

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Nov 24, 2025

Muzinich Weekly Market Comment: Affordability - Don’t core me

The two economic “Jenga blocks” investors were pressing on this past week were inflation and valuations. Equities rarely outperform when central banks turn more hawkish or when financial conditions tighten. In the US, this is being compounded by a lack of transparency due to a government data void following the shutdown, fueling concerns the Federal Reserve (Fed) may once again prioritize its inflation-fighting credentials at the expense of growth, with the experience of 2022 still fresh in investors’ minds.

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