All insights
FOMC: Two Policies To Expect From The Fed
Today’s Federal Open Market Committee (FOMC) meeting in some way represents a big step towards normality for investors, as they await what the Fed will do next having returned to its scheduled programme of meetings. So what can we expect from the Fed today?
Credit Markets Have More Room to Rally
Given the steep, uninterrupted rally we have witnessed since the end of March, we think it is a good time to reassess how much value is left in fixed income markets, if any.
Outcome Driven Update - June 2020
Partner and Portfolio Manager Chris Bowie provides an update on investment grade credit markets.
Virus Widens Gap Between European and US CLOs
In the past few weeks CLOs have become the focus of much attention, both from market participants and the media, especially following the negative rating actions that agencies have taken on the underlying loans as well as CLO tranches.
How ESG Will Change the Face of Asset Management
As regular readers of this blog will know, TwentyFour has adopted ESG integration throughout its investment process for all strategies, and launched its first sustainable fund offering in January 2020. In doing so, we have engaged in some fascinating debates with clients and peers about the growing impact of ESG objectives on the fund management industry, and on fixed income markets in particular. Here are a few of our predictions for the years ahead.
Is Bank Loss Provisioning Behind Us Already?
A few weeks ago Bank of America Merrill Lynch’s CEO, Brian Moynihan, said that loan losses were not coming through as thick or as fast as he would normally expect for a recession, in particular a recession of this magnitude.