6 May 2021 TwentyFour Blog What's Happened to the Brexit Premium? There has been a lot of focus on the performance of the high yield markets since the start of the year, particularly in Q1 when many rates markets were selling off aggressively. Read more
28 Apr 2021 TwentyFour Blog CoCo Re-rating Underway as Euro Banks Prove Mettle Having been at the heart of the GFC and then contributing to the Eurozone sovereign crisis, we have long argued the European banking sector would have to prove its newfound resilience to investors by successfully navigating a challenging period. Read more
21 Jan 2021 TwentyFour Blog Comprehending The Brexit Premium In our view the rationale for the premium is certainly weakening and, of course, we can no longer call it a ‘Brexit’ premium. Read more
18 Sep 2020 TwentyFour Blog BoE Buying Dampens Volatility in GBP Credit The Bank’s ability to dampen market volatility has certainly been a comfort to fixed income investors; over the last month £ IG spreads have moved in a range of just 4bp and ended tighter than they started, which compares rather favourably to the 5% peak-to-trough swing in GBP-USD over the same period. Read more
17 Sep 2020 Market Update Brexit risk and the Brexit Premium Graeme Anderson, Chairman and Portfolio Manager, discusses one of our most commonly asked questions, what do we think of brexit risk and the brexit premium? Watch now
3 Jul 2020 TwentyFour Blog It’s Still Harvest Season For The Brexit Premium One topic that is beginning to gather headlines again is the terms of any bilateral agreement between the UK and European Union once Brexit is finally completed at the end of this year, with the latest round of negotiations breaking up a day early this week as both sides said they were still far apart on a number of issues. Read more
17 Dec 2019 TwentyFour Blog Carney to Leave UK Banks on Solid Ground The Bank of England (BoE) on Monday published its latest financial stability report and the results of its 2019 bank stress tests, and declared that the UK financial system is well prepared for even a worst-case Brexit and consequent trade war. Read more
13 Dec 2019 TwentyFour Blog What Next For Sterling Bonds? Overnight markets have had significant news to digest, with two of the major geopolitical hurdles that had been worrying investors being removed. Read more
13 Nov 2019 White Paper Sustainable credit: A free lunch? At TwentyFour Asset Management we believe Environmental, Social and Governance (ESG) factors can have an influence on the value of our investments, and we have recently formalised our approach to these risks by integrating an ESG framework throughout the firm’s investment process, across all strategies. Read more
5 Nov 2019 TwentyFour Blog Risk well underpinned going into year-end A number of threats to risk assets have dissipated and could become positive tail risks for markets moving into 2020. Read more
23 Oct 2019 TwentyFour Blog Brexit Battle Brewing for the Bank Markets appear more confident the UK will avoid a ‘no-deal’ Brexit, but this isn’t feeding through to rate rise expectations. TwentyFour Asset Management's Ben Hayward examines why. Read more
22 Oct 2019 TwentyFour Blog Monetising the Brexit Premium So is there any Brexit premium left at this juncture? We certainly believe there is. Read more