Concise Capital Management, a specialist investment firm primarily investing in short-duration high-yield credit, has named Andrew Relph as Managing Director and Head of its European business operations.
Concise Capital Management, a specialist investment firm primarily investing in short-duration high-yield credit, has named Andrew Relph as Managing Director and Head of its European business operations.
The Globe and Mail Michael Mackenzie Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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LUCAS JACKSON/Reuters
Troubled companies are thin on the ground these days. That has been good news for investors in an important corner of the financial system.
Owning the debt of the riskiest companies in the U.S. and Europe has provided positive returns so far this year for fixed-income investors, a rare bright spot in the vast universe of publicly traded debt.