Opinions

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Snapshot  |  January 17, 2025

Muzinich Asset Allocation Group Monthly Update - January 2025

Please click to watch our latest Asset Allocation Group video update for the month of January 2025.

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Podcast  |  January 13, 2025

UK Private Debt Podcast: Northern Lights

In the latest edition of the Muzinich Podcast, James Adams, a Manchester-based director in our UK private debt team, discusses the key characteristics of the market in Manchester and the North of England and opportunities for investors.

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Insight  |  January 13, 2025

Muzinich Weekly Market Comment: Pressure point

In our latest roundup of the key developments in financial markets and economies, we examine the reasons behind a challenging start to the year for government bonds.

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Snapshot  |  January 10, 2025

Corporate Credit Snapshot - January 2025

Global credit delivered mixed returns in December.

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Close Up  |  January 7, 2025

Can spreads tighten further in 2025?

In his latest column on the key developments, themes and opportunities in credit markets, Ian Horn attempts to answer the big question on the minds of bond investors heading into 2025.

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Insight  |  January 6, 2025

Private Debt Outlook 2025: Good things come to those who wait

Investors’ search for yield should be good news for direct lending globally in 2025, as our heads of private debt explain.

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Insight  |  December 19, 2024

Corporate Credit Outlook 2025: All about yield (still)

Our investment teams set out the key themes credit investors should look out for in 2025.

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Insight  |  December 16, 2024

Muzinich Weekly Market Comment: Cutting crew

In our latest roundup of the key developments in financial markets and economies, we look back on an active week for central banks.

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EM Monthly  |  December 13, 2024

EM in 2025: What doesn’t break you makes you stronger

Years of macroeconomic and geopolitical headwinds have had an unexpectedly positive effect on emerging market corporates, potentially setting them up for a strong 2025, argues Warren Hyland.

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Insight  |  December 9, 2024

Muzinich Weekly Market Comment: Political alarm, but markets stay calm

In our latest roundup of the key developments in financial markets and economies, we look at why risk assets continue to perform well despite elevated political risk.

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Insight  |  December 4, 2024

Parallel lending: The next frontier for private credit

Lending partnerships between asset managers and European banks may lead to low-risk, highly diversified private debt portfolios and potentially attractive returns for investors, argue Gianluca Oricchio and Gianpaolo Pellegrini.

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Close Up  |  December 3, 2024

The curve is not flat

In his latest column on the key developments, themes and opportunities in credit markets, Ian Horn examines what the normalisation of yield curves means for investors in the European investment-grade market.

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Insight  |  December 2, 2024

Muzinich Weekly Market Comment: An early assessment of Trump 2.0

In our latest roundup of the key developments in financial markets and economies, we assess how financial markets reacted to Donald Trump’s US election victory in November.

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Insight  |  November 29, 2024

Aviation debt: Resilience, rates and the return of ABS

Robust demand for aircraft and the retreat of banks from the aviation debt market are creating opportunities for alternative lenders and their investors, as Alok Wadhawan and Brian Lau explain.

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Insight  |  November 27, 2024

European high yield: We need to talk about Sharpe ratios

Investors considering an allocation to European high yield should pay heed to the old adage that time in the market is a more prudent approach than trying to perfectly time their entry, argues Thomas Samson.

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Insight  |  November 26, 2024

Where complexity meets flexibility: An introduction to Capital Solutions

Many companies in Europe urgently need transformation. Private capital can help, argues Carlo Bosco.

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Podcast  |  November 18, 2024

Turning the corner: The outlook for UK private debt

UK private debt faced considerable uncertainty in early 2024: uncertainty over interest rates; uncertainty on sponsor-driven M&A; and political uncertainty ahead of the general election. In the latest episode of the Muzinich podcast, our co-heads of UK private debt, Grant Davidson and John Clifford, give their thoughts on the state of the market and where it might go next.

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EM Monthly  |  November 12, 2024

Why globalisation 2.0 could favour emerging markets

Globalisation’s bumpy road is resulting in a new world order that could significantly benefit emerging markets, as Warren Hyland explains.

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Podcast  |  November 11, 2024

High yield: Carry me home

2024 has been quite the year for European high yield. So, what happens next? That’s the question portfolio manager Jamie Cane seeks to address in the latest episode of the Muzinich podcast.

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Insight  |  November 6, 2024

The Big Thaw: The path ahead for European private debt

After a challenging period for dealmaking, European private debt could be on the cusp of a recovery, as Kirsten Bode and Rafael Torres explain.

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Close Up  |  November 1, 2024

Getting technical on European high yield

In his latest column on the key developments, themes and opportunities in credit markets, Ian Horn examines the factors behind the consistent performance of high yield this year.

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