As COVID-19 wreaks havoc on lives and financial markets, we check in with our veteran High Yield Fixed Income team to learn which industries are being most affected, where there are opportunities and why High Yield may be considered 'cheap' right now.

COVID-19 High Yield Fixed Income Update

  • Content duration: 17 Mins
  • Content type: Video
  • Content publish date:

Video Chapters:

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  1. 0.56 - 2:53 - Market overview
  2. 2:53 - 4:54 - Is this event different to past downturns?
  3. 4:54 - 6:30 - The effect of the crisis on US leveraged credit markets
  4. 6:30 - 8:07 - Which specific industries are most vulnerable?
  5. 8:07 - 10:50 - Are we in a better or worse position overall leading into this current economic downturn? 
  6. 10:50 - 12:06 - How has high yield historically performed following economic or credit bottoms? 
  7. 12:06 - 14:57 - How have you adjusted the portfolios that you manage through this market volatility?
  8. 14:47 - 17:12 - How are you investing in the high yield market today?

 

*In section 5, Matt Philo refers to credit quality analysis from the recent Q3 2019 Quarterly update. Please click here for the full analysis.

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