Man Group reposted this
Another quarter begins and in our latest Credit Outlook, we highlight the continuing struggle between attractive all-in yields and tight spreads across many areas of credit. With the Fed having now embarked upon rate cuts, we see an attractive opportunity to lock in these attractive yields. However, with the tighter spread backdrop, we believe that investors should be more careful about security selection and even consider strategies that can utilise shorts to protect against rising spread volatility. Our credit teams highlight some of the attractive opportunities, including high yield credit, EM corporates and local currency debt, as well as a continued attractive opportunity set in SRTs. #highyield #credit #EMD #CLO #privatecredit #SRT #opportunistic