6 Dec 2021 TwentyFour Blog Euro CLOs a top pick for 2022 Markets have clearly experienced some periods of volatility this year, and while European CLOs haven’t been immune to this, both fundamentals and prices have been remarkably stable. Read more
30 Nov 2021 TwentyFour Blog Credit exposure should be smart and short in 2022 Fundamentally the outlook for 2022 appears less supportive than it was 12 months ago. Read more
29 Nov 2021 TwentyFour Blog The Rodney Blog 2022: Policy, economy and markets must converge What we are currently experiencing is a disconnect between monetary policy, the economy and the markets, a disconnect that in our view will struggle to survive much longer. Read more
26 Nov 2021 TwentyFour Blog How swaps can reduce rates risk as we move towards tightening With rising government bond yield curves one of the biggest concerns for fixed income fund managers going into 2022, Eoin Walsh points to interest rate swaps as one option for reducing the rates risk of a portfolio without impacting its credit exposure. Read more
24 Nov 2021 TwentyFour Blog 2022 outlooks could make for a sobering December This week the team at TwentyFour have been busy compiling our 2022 fixed income outlook, which will be published next week. There is no doubt we are confronted with a challenging set of circumstances, which will provide investors – not just in fixed income – with headwinds in the year ahead, and in particular we think during the first half. Read more
8 Nov 2021 TwentyFour Blog Santander leading the way in consumer ABS Marko Feiertag take a closer look at Santander’s latest consumer ABS transaction, which attracted strong demand despite being increased to a bumper €1.5bn in size. Read more
14 Oct 2021 TwentyFour Blog Investor Nervousness Priced In? Fixed income markets have experienced a reasonable correction over recent weeks and, for higher-yielding indices at least, their first negative period so far this year. Read more
8 Oct 2021 TwentyFour Blog Navigating The New Bond Volatility This looks to us like a buy-into-the-dip opportunity, but investors should be wary of taking on too much rate sensitivity as the move in risk-free curves is likely to persist until the rate hike cycle is actually on the way. Read more
7 Oct 2021 TwentyFour Blog Why BoE Hiking First May Be Best for Bonds In the last month, global government bond curves have had a torrid time, with significant steepening seen across US Treasury, UK Gilt and German Bund yields. Read more
7 Sep 2021 TwentyFour Blog Credit Backdrop Shows More Upside for Euro High Yield Despite the impressive returns of Euro HY over the last year or so, the backdrop for the asset class continues to suggest there is more upside to come. Read more
5 Jul 2021 TwentyFour Blog Labour Support Tapering Need Not Be Feared Douglas Charleston examines the health of labour markets across key developed economies and why ABS investors shouldn’t fear the gradual removal of COVID related job support schemes Read more
6 May 2021 TwentyFour Blog What's Happened to the Brexit Premium? There has been a lot of focus on the performance of the high yield markets since the start of the year, particularly in Q1 when many rates markets were selling off aggressively. Read more