Chris Holman | TwentyFour Asset Management

Chris joined TwentyFour Asset Management (TwentyFour) in May 2020 as an analyst on the Multi-Sector Bond (MSB) team, before moving to the New York office in 2022.

His primary responsibilities involve assisting in the management and day-to-day activities of the team, and he is also a member of TwentyFour's ESG Committee.

A graduate of Boston University, Chris holds a BA in Economics.

Insights

Maturity wall: what maturity wall?

19 Mar 2024 TwentyFour Blog

Maturity wall: what maturity wall?

We saw a great disparity among strategists in terms of default-rate projections for this year. With the cost for corporates to refinance their debt considerably higher than we saw in 2020 and 2021, and an elevated volume of upcoming maturities, many market participants predicted a default rate markedly higher than what we have seen so far.

US Credit shows healthy supply and demand dynamics

12 Feb 2024 TwentyFour Blog

US Credit shows healthy supply and demand dynamics

US corporate bond primary markets have had a robust start to the year as both Investment Grade (IG) and High Yield (HY) companies have looked to take advantage of the recent rally in rates and spreads that we have experienced since Fed Chairman Powell's December FOMC comments up until his more cautious stance in the January meeting.

Ford’s upgrade helps the US high-yield market to motor

4 Dec 2023 TwentyFour Blog

Ford’s upgrade helps the US high-yield market to motor

Ford reclaims its investment-grade status after almost four years in high-yield territory. Chris Holman's latest blog reveals why this isn’t just a win for the car company and will have a positive impact on the entire US high-yield market.

Overcoming the US maturity wall is not as fraught as the headlines suggest

22 Nov 2023 TwentyFour Blog

Overcoming the US maturity wall is not as fraught as the headlines suggest

Despite concerns about a maturity wall, Chris Holman explains how research shows the high yield maturity profile in the US is less concerning. Overall, a focus on higher-rated bonds suggests a relatively healthy outlook for the primary market and a default rate in line with historical averages.

Fundamentals suggest more upside for high yield bonds

7 Feb 2023 TwentyFour Blog

Fundamentals suggest more upside for high yield bonds

With risk assets rallying hard in the early weeks of 2023, Chris Holman reviews fundamentals in high yield bonds to see if recent performance has left any value in the market.

Low issuance – a sign of strong fundamentals?

30 Jun 2022 TwentyFour Blog

Low issuance – a sign of strong fundamentals?

The US high yield market has experienced the third lightest month in terms of new issue flows since the Global Financial Crisis. Chris Holman explains what this means for default rates going into the second half of the year.