High Yield can offer attractive income potential, but understanding the opportunity means looking beyond the headline yield. In this video, Candriam’s Marie Thomin explores the three things you need to know about High Yield.
Learn what really matters when assessing an investment, what to look for beyond a credit rating, and how High Yield could fit within your portfolio.
Tame Risk.
Don't run from it.
Credit can feel calm because returns are steady most of the time. But credit is asymmetric: the upside is limited to the coupon, while the downside can be permanent if fundamentals weaken or liquidity disappears.
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Three things you need to know about High Yield
High Yield can offer attractive income potential, but understanding the opportunity means looking beyond the headline yield. In this video, Candriam’s Marie Thomin explores the three things you need to know about High Yield. Learn what really matters when assessing an investment, what to look for beyond a credit rating, and how High Yield could fit within your portfolio. -
Identifying Climate Risk in Credit
When climate indices disagree, is the gap simply noise - or a risk that credit markets price? This paper connects academic research with investment practice to explore climate beta uncertainty in US and European corporate bonds. -
The AI debt wave
AI’s infrastructure boom is drawing some of the world’s largest technology companies deeper into debt markets. -
Candriam Credit Outlook
Credit markets have remained resilient, with yields still at interesting levels. But tight spreads, rising bond issuance and growing dispersion mean selectivity is becoming increasingly important. -
Credit’s Circular Conundrum
Credit markets have spent the summer displaying an almost improbable degree of composure. Renewed tensions around the Strait of Hormuz, disruption to tanker traffic and sharp swings in oil prices repeatedly unsettled rates markets, while the continuing war in Ukraine has ensured that geopolitical risk never receded far from view. -
Credit: Taming a Wide Universe
Credit markets have evolved. What was once considered a single asset class has become a broad, fragmented and multi-layered ecosystem spanning bonds, derivatives, private markets, currencies and capital structures—from senior secured debt to subordinated and hybrid instruments. -
Sustainable returns: in credit?
Why has the enthusiasm for sustainable investing lost its lustre? A lag in performance of sustainable European equities relative to the broader European equity markets over the last three years hasn’t helped. Sector rotation in equities is often blamed for this downturn in returns. . -
Investing in Late-Cycle Credit
Late-cycle credit markets rarely announce themselves clearly. Spreads remain tight, income is still available, and risky assets may continue to perform. Yet beneath this apparent stability, the balance is shifting: compensation is thinner, risks are more idiosyncratic, and the margin for error is narrowing.