For investors seeking a clear framework to understand—and deliberately embrace—credit risk, this paper sets out the principles behind our approach.
A Disciplined Approach to Credit Investing
Credit markets are sometimes seen as predictable. Yet periods of spread volatility, sudden downgrades, or evaporating liquidity remind investors of a simple truth: credit is not dull—it is disciplined.
In this paper, our fixed income experts explain why successful credit investing starts with a clear understanding of risk, not an attempt to avoid it. From issuer fundamentals and bond structure to market cycles and liquidity, they explore how credit risk is built, transmitted, and ultimately priced.
Drawing on more than two decades of experience across investment grade and high yield, we outline how our structured approach makes risk visible, measurable, and actionable at every stage of the investment process. The paper details how our investment teams integrate bottom-up issuer research, ESG and legal analysis, and market context to construct portfolios that aim to navigate changing regimes.
Embracing risk in credit
The Candriam approach
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Tame risk, Fixed Income, Credit, Charudatta Shende
Embracing risk in credit: the Candriam approach
Explore Candriam’s disciplined approach to credit investing. Learn how issuer research, ESG integration and risk visibility help navigate volatility and construct resilient fixed income portfolios. -
Charudatta Shende, Fixed Income, Credit, Economic OutlookNavigating the Selective Strength of Credit Markets
Yields remain elevated across both U.S. and European markets, offering attractive carry for investors in both Investment Grade (IG) and High Yield (HY). -
Charudatta Shende, Fixed Income, Credit, Economic OutlookCredit in the Crosshairs: Navigating the Balance Between Technical Momentum and Fundamental Fragility
In what can only be described as an event-packed May, financial markets navigated a minefield of global macro developments: escalating US–China trade tensions. -
Charudatta Shende, Fixed Income, Credit, Economic OutlookCredit: Go with the Flows
April unfolded as a month of intense turbulence in financial markets, driven by a barrage of political manoeuvrings, economic uncertainty, and shifting monetary policies. Markets were rattled by elevated tariffs, escalating rhetoric, and retaliatory measures that prompted investors to reassess growth prospects, price in heightened recession risks, and retreat from riskier assets. -
Fixed Income, Credit, Economic Outlook, Charudatta ShendeCredit Markets: Don’t get “Carry-ed” away
Navigating fixed income markets can be a daunting task for those unfamiliar with their intricacies. A multitude of factors – fundamentals, valuations and technicals – can impact a wide range of instruments – sovereigns (developed & emerging), corporates (investment grade and high yield) –, contributing to a highly complex financial landscape. -
US elections, Christopher Mey, Paulo Salazar, Emerging Markets, Equities, CreditChina’s economic outlook: Opportunities and threats as US elections loom
Chinese authorities have begun addressing deflationary pressures through a series of monetary and fiscal measures, signaling their growing urgency to stabilise the economy. -
Fabrice Sauzeau, Climate Action, ESG, SRI, Credit, Equities, Research PaperFrom Carbon to Strategy: Why Integrate Climate into Your Investments?
While investors are encouraged to consider climate change in their portfolios, to meet regulatory requirements and mitigate climate-related risks, a number of questions remain. -
Q&A, Fixed Income, Credit, Nicolas JullienAn alternative strategy with low correlation to credit markets
Discover how Candriam, with its low-correlation alternative strategy, is navigating the credit markets in these paradigmshifting times. Nicolas Jullien and Thomas Joret provide you with the essential information you need to understand this strategy.