Muzinich & Co

Will the positive trends and strong performance in emerging market credit during the first half of 2024 persist throughout the rest of year and is it too late to make an allocation? Portfolio manager warren hyland discusses. Click here to read the article. https://lnkd.in/eK5yAvFB For more information on Muzinich & Co, visit www.muzinich.com #emergingmarkets #corporatecredit #fixedincome Past performance is not a reliable indicator of current or future results.

Investors in cash and short-dated fixed income may be concerned about reinvestment risk, given the downward trajectory of interest rates. In such an environment, where can investors seek yield enhancement and lower reinvestment risk? Tatjana Greil Castro, PhD and Ian Horn, CFA discuss why an allocation into short-dated corporate credit could offer a compelling opportunity in an environment where the yield curve re-steepens. Please click to learn more - https://lnkd.in/eqmYwau4 To learn more about Muzinich & Co - please visit, www.muzinich.com #shortdurationcredit #publicmarkets #fixedincome #riskmanagement Muzinich & Co views and opinions are for illustrated purposes only and not to be construed as investment advice.

Muzinich & Co Asset Allocation Group Update – July 2024 > Sunday 7th July French election results confirmed our base case for hung parliament. Risk premium to stay above pre-election on French government bonds. > US data flow shows US economy softening. A September rate cut probability is rising. We maintain our neutral duration stance. > We keep our bias to carry strategies with an overweight in high yield. > We continue to rebalance in favour of US credit in IG but would broaden the rebalancing to high yield as well. We have reduced Euro sub financials in favour of senior bank debt. Erick Muller, Director of Product & Investment Strategy, discusses the main conclusions of our Asset Allocation Group which include our scoring on the Fundamentals, Technicals and Valuations of global credit markets. To learn more about Muzinich & Co, please visit - www.muzinich.com #publicmarkets #fixedincome #assetallocation Muzinich & Co as of July 7, 2024, which are subject to change without notice. Views and opinions for illustrative purposes only, not to be construed as investment advice or an invitation to engage in any investment activity.

Muzinich & Co Weekly Market Comment Politics and central bank communications dominated price action across markets last week with economic data taking a back seat. With the withdrawal of President Biden from the US election race, and the increasing likelihood of a Trump victory, what does the market make of Trump’s Make America Great Again (MAGA) brand of populist nationalism? That’s the question we seek to answer in our latest roundup of the key developments in financial markets and economies. Please click to read the full article - https://lnkd.in/esnAT7z8

Will the positive trends and strong performance in emerging market credit during the first half of 2024 persist throughout the rest of year and is it too late to make an allocation? Portfolio manager warren hyland discusses. Click here to read the article. https://lnkd.in/eK5yAvFB For more information on Muzinich & Co, visit www.muzinich.com #emergingmarkets #corporatecredit #fixedincome Past performance is not a reliable indicator of current or future results.

Investors in cash and short-dated fixed income may be concerned about reinvestment risk, given the downward trajectory of interest rates. In such an environment, where can investors seek yield enhancement and lower reinvestment risk? Tatjana Greil Castro, PhD and Ian Horn, CFA discuss why an allocation into short-dated corporate credit could offer a compelling opportunity in an environment where the yield curve re-steepens. Please click to learn more - https://lnkd.in/eqmYwau4 #shortdurationcredit #publicmarkets #fixedincome #riskmanagement Muzinich & Co views and opinions are for illustrated purposes only and not to be construed as investment advice.

While 2024 was always going to be a big year for elections, most of the attention from investors was due to be focused on the likes of India, the UK and the US. France was not on anyone’s radar until French president Emmanuel Macron called a snap election on June 9 following a disappointing showing by his Renaissance Party in the European Parliament Elections. But with no group winning a clear majority following the two round French election, where does the country go from here? That’s the question we try to answer in the latest episode of the Muzinich Podcast, featuring Erick Muller, director of product and investment strategy at Muzinich & Co. In the podcast, Erick shares his thoughts on: > The events that led to Macron calling an early election and the reality of what a hung parliament means for France in the short term> > What could happen next and how long it might take for there to be a resolution to the situation. > Whether the situation in France matters to credit investors and what should they look out for over the coming months. Please click to listen - https://lnkd.in/ejKfgiRK #france #frenchelections #publicmarkets

Muzinich & Co Weekly Market Comment July has historically been a good month for credit, but with a hung parliament in France and yet more soft economic data coming out of the US, will this year be an exception to the rule? That’s the question we seek to answer in our latest roundup of the key developments in financial markets and economies. Please click to read the full article - https://lnkd.in/eSZ2FuRS

Mel Siew, Portfolio Manager at Muzinich & Co in Singapore joined Hong Kong’s Radio Television Hong Kong (RTHK) Money Talk Radio show this week to talk about his view on India, the recent elections and which parts of the Indian credit universe we think are most interesting. Thanks to RTHK Radio for having Mel on the broadcast. Listen to the full interview here - https://lnkd.in/e4-VGH3r To learn more about Muzinich & Co, please visit – www.muzinich.com

Muzinich & Co Asset Allocation Group Update – July 2024 > Sunday 7th July French election results confirmed our base case for hung parliament. Risk premium to stay above pre-election on French government bonds. > US data flow shows US economy softening. A September rate cut probability is rising. We maintain our neutral duration stance. > We keep our bias to carry strategies with an overweight in high yield. > We continue to rebalance in favour of US credit in IG but would broaden the rebalancing to high yield as well. We have reduced Euro sub financials in favour of senior bank debt.   Erick Muller, Director of Product & Investment Strategy, discusses the main conclusions of our Asset Allocation Group which include our scoring on the Fundamentals, Technicals and Valuations of global credit markets.   To learn more about Muzinich & Co, please visit - www.muzinich.com #publicmarkets #fixedincome #assetallocation Source: Muzinich & Co as of July 7, 2024, which are subject to change without notice. Views and opinions for illustrative purposes only, not to be construed as investment advice or an invitation to engage in any investment activity.