CLOs: A Rising Rate Alternative
With higher relative yields, a history of strong risk-adjusted returns, and protection against rising rates, we believe this is a great time to make a strategic allocation to CLOs.
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With higher relative yields, a history of strong risk-adjusted returns, and protection against rising rates, we believe this is a great time to make a strategic allocation to CLOs.
Can a growing recession risk “unseat” this year’s EM local debt outperformers?
The hawkish turn in the U.S. Federal Reserve - albeit not-so-clear guidance – raises a lot of questions about the policy rates in EM, especially as regards to rate hike frontloading.
The market clamors for a 75bps rate hike in the U.S. today, followed by 72bps more in July. Does this mean that the rest of the world would have to step up policy tightening?
Investors need to think beyond the 60/40 portfolio in periods of high inflation. Historically, real assets have provided diversification to help manage the impact of inflation.