TwentyFour Blog | Read | 3 min 28 Jun 2022 by Johnathan Owen Can investment grade be a safe harbour in stormy markets? At this stage in the economic cycle investors may need to think about ways to protect their portfolios while providing strong relative value. Johnathan Owen explains why short dated investment grade can offer exactly that in his latest blog. Read more
TwentyFour Blog | Read | 3 min 31 May 2022 by Aza Teeuwen Value has returned to AAA CLOs We can debate whether the European Central Bank is behind the curve or not, but Christine Lagarde says rates will be in non-negative territory by September. Read more
TwentyFour Blog | Read | 2 min 24 May 2022 by Mark Holman What has driven yields higher – rates or credit? With investors having endured a painful period of rising yields in 2022, Mark Holman looks at whether rates weakness or credit spread widening has been most to blame. Read more
TwentyFour Blog | Read | 2 min 13 May 2022 by Eoin Walsh Return of bond-equity correlations could offer respite for investors The broad-based sell-off that has faced investors since the start of this year has been all the more painful because of the breakdown in traditional correlations, which has put conventional hiding places out of reach. Read more
Market Update | Watch | 5 min 13 Apr 2022 by Gordon Shannon Investment Grade Quarterly Update – April 2022 TwentyFour Partner and Portfolio Manager, Gordon Shannon, describes the developments of the investment grade strategy in Q1 2022. Watch now
TwentyFour Blog | Read | 3 min 25 Mar 2022 by Felipe Villarroel The evidence doesn’t point to recession Growth in 2022 is likely to be above historical averages for most developed economies, even after adjusting forecasts for the impact of the Russian invasion. Read more
TwentyFour Blog | Read | 4 min 17 Mar 2022 by Gordon Shannon Wave of inflation means companies will sink or swim on pricing power Soaring inflation was already a dominant theme for markets coming into 2022. The sanctions imposed on Russia in response to its invasion of Ukraine have only exacerbated its expected rise, and pushed its expected peak further out. Read more
TwentyFour Blog | Read | 2 min 21 Feb 2022 by Gary Kirk Steady Fed makes short end look attractive Escalating geopolitical tensions have contributed to a volatile past week for investors, but uncertainty regarding central bank action continues to dominate the bond markets, with one investment bank now predicting nine straight hikes from the Fed beginning at its March meeting. Read more
TwentyFour Blog | Read | 3 min 10 Feb 2022 by Johnathan Owen Buyers blunt BoE’s bond bombshell Last week investors were faced with a double whammy of monetary tightening from the Bank of England (BoE), which on Thursday hiked interest rates by 25bp and announced the gradual unwind of its £20bn corporate bond portfolio. Read more
Market Update | Read | 5 min 8 Feb 2022 by Gordon Shannon Why central bank policy errors should be top of your 2022 worry list With inflation soaring and the economic recovery looking more fragile, we look at three famous central bank policy errors to demonstrate why they can be so dangerous for investors, and consider how a fixed income portfolio can be strengthened against the risk. Read more
TwentyFour Blog | Read | 3 min 7 Feb 2022 by George Curtis Making sense of corporate bond softness After a challenging January, which saw markets beginning to come to terms with a very hawkish Fed pivot and rising Russia-Ukraine tensions, it is worth taking stock of the moves we have seen in fixed income over the last few weeks. Read more
Market Update | Watch | 3 min 24 Jan 2022 by Gordon Shannon Investment Grade Quarterly Update – January 2022 TwentyFour Partner and Portfolio Manager, Gordon Shannon, discusses how the investment grade strategy has performed in Q4 2021 and provides his outlook for the new year. Watch now