The vice-president and portfolio manager for the global fixed income group at Loomis, Sayles & Company tells Credit why there is still room for spread tightening in credit, despite concerns over sovereign risk.
After 2009 saw record returns for many investment grade and high yield bond funds, there was always a chance that spread volatility could return in 2010. If the evidence of January is any guide, this year is likely to see a greater divergence in performance by bond funds.
Ken Buntrock is
The week on Risk.net, July 7-13, 2018Receive this by email