In the March 2020 Liquid Markets Group Insight, History Doesn’t Repeat Itself But It Often Rhymes, we recommended investors move overweight credit. The current COVID-19 crisis has seen the rapid emergence of compelling opportunities in investment grade credit, in stark contrast to the rich valuations which abounded early in 2020. For investors an allocation to corporate credit may help augment recently bolstered liquidity positions with an attractive return above cash. The rub rests with security selection; discerning bottom-up credit research is imperative to harnessing optically attractive returns in an environment where earnings, cash flows and credit quality of various corporate sectors are under intense pressure.
Read the latest investment insight from our Liquid Markets team - Attractive opportunities in high grade credit are here and now
QIC is launching a new private debt capability to offer institutional investors a structural solution for today’s low-yield environment.
