Opinions

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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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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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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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Insight  |  November 25, 2024

Muzinich Weekly Market Comment: Are spreads too tight, or just right?

In our latest roundup of the key developments in financial markets and economies, we try to answer the big question on credit spreads.

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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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Insight  |  October 25, 2024

Get real: Opportunities in infrastructure and real assets private debt

Like other parts of the world, Asia urgently needs capital to upgrade its infrastructure. Andrew Tan makes the case for investment in the underserved middle market.

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Insight  |  October 23, 2024

High yield: The long and the short of it

With good carry but tight spreads, this could be the time for a hedged approach to high yield, argue Jamie Cane and Greg Temo.

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Insight  |  October 22, 2024

Normal service resumes: The outlook for French private debt

After a challenging period, activity in the French private debt market is beginning to rebound, as Alexandre Millarini explains.

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Insight  |  October 9, 2024

What could the US election mean for credit?

With the US presidential election drawing near, what could be the impact of a Republican or Democrat victory on credit markets?

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Insight  |  September 18, 2024

Not too hot, not too cold: 10 questions on syndicated loans

Alex Woolrich and Stuart Fuller discuss their thoughts on current trends in the European and US syndicated loans market.

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Insight  |  September 12, 2024

No time for complacency

Strong technicals helped credit stay resilient during recent market turbulence, but investors should remain alert, writes Thomas Samson.

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Insight  |  September 2, 2024

Bank Tier 2s: It pays to be selective within bank credit

While bank Tier 2 debt has performed well over the last 12 months, is there any value left, or is there more to it?

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Insight  |  August 28, 2024

What now?

Recent market turbulence should offer a sobering reminder to investors that this is not a risk-free environment, writes George Muzinich.

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Insight  |  August 13, 2024

In short supply: Five questions on Asian credit

Mel Siew shares his thoughts on how policy rates, emerging technologies and a supply deficit are impacting Asian credit markets.

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Insight  |  August 8, 2024

Read between the loans: The big questions facing US private credit

As US direct lending continues to grow, the market is getting increased attention from actors across the financial system – not all of it favourable. Michael Smith explains why understanding the nuances is essential for investors considering an allocation to the asset class.

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Insight  |  July 25, 2024

Safety first: Why quality matters in high yield

The high-yield market held up well in the first half of the year, but as Jamie Cane and Kevin Ziets explain, prudence and careful credit selection will remain vital in the coming months.

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