Podcast - Adapt and thrive: A dynamic approach to credit investing

Podcast

June 19, 2024

In the latest episode of the Muzinich podcast, we explore the potential benefits of a more dynamic approach to credit investing with Mike McEachern, Co-Head of Public Markets at Muzinich and the lead portfolio manager on the Dynamic Credit Income strategy.

After the relative stability of the QE years, investors could be forgiven for finding this a difficult market to read. On the one hand, growth has proved resilient for longer than many anticipated, corporate earnings and fundamentals are healthy, and technicals are supportive.

On the other hand, inflation continues to be sticky, expectations over what happens to interest rates keep shifting, and the geopolitical environment is often volatile.  

To navigate such conditions, a strategy with the flexibility to invest in a dynamic way might be a viable option for investors.

In this podcast, Mike explains:

  • What the Dynamic Credit Income strategy is designed to do;
  • Why the strategy makes its biggest allocation to high yield and the potential benefits of that approach;
  • The role of investment grade credit in the strategy;
  • The key themes in credit markets and how this is influencing positioning in the strategy.

Important Information

FOR PROFESSIONAL/WHOLESALE CLIENTS & QUALIFIED/ACCREDITED/INSTITUTIONAL INVESTORS ONLY.

Muzinich & Co. referenced herein is defined as Muzinich & Co., Inc. and its affiliates. This material has been produced for information purposes only and as such the views contained herein are not to be taken as investment advice. Opinions are as of date of publication and are subject to change without reference or notification to you. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy. The value of investments and the income from them may fall as well as rise and is not guaranteed and investors may not get back the full amount invested. Rates of exchange may cause the value of investments to rise or fall.

Any research in this document has been obtained and may have been acted on by Muzinich for its own purpose. The results of such research are being made available for information purposes and no assurances are made as to their accuracy. Opinions and statements of financial market trends that are based on market conditions constitute our judgment and this judgment may prove to be wrong. The views and opinions expressed should not be construed as an offer to buy or sell or invitation to engage in any investment activity, they are for information purposes only.

Any forward-looking information or statements expressed may prove to be incorrect. Muzinich gives no undertaking that it shall update any of the information, data and opinions contained in the above.

United States: This material is for Institutional Investor use only – not for public distribution. Muzinich & Co., Inc. is a registered investment adviser with the Securities and Exchange Commission (SEC). Muzinich & Co., Inc.’s being a Registered Investment Adviser with the SEC in no way shall imply a certain level of skill or training or any authorization or approval by the SEC.

Issued in the European Union by Muzinich & Co. (Ireland) Limited, which is authorized and regulated by the Central Bank of Ireland. Company registration No. 307511. Registered address: 32 Molesworth Street, Dublin 2, D02 Y512, Ireland. Issued in Switzerland by Muzinich & Co. (Switzerland) AG. Registered in Switzerland No. CHE-389.422.108. Registered address: Tödistrasse 5, 8002 Zurich, Switzerland. Issued in Singapore and Hong Kong by Muzinich & Co. (Singapore) Pte. Limited, which is licensed and regulated by the Monetary Authority of Singapore. Registered in Singapore No. 201624477K. Registered address: 6 Battery Road, #26-05, Singapore, 049909. Issued in all other jurisdictions (excluding the U.S.) by Muzinich & Co. Limited. which is authorized and regulated by the Financial Conduct Authority. Registered in England and Wales No. 3852444. Registered address: 8 Hanover Street, London W1S 1YQ, United Kingdom. (2024-04-30-13496)