Rating Migrations Are Coming
Forecasts for new fallen angels remain low, however the first downgrade of the year occurred in February and March has brought a flurry of rating actions.
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Forecasts for new fallen angels remain low, however the first downgrade of the year occurred in February and March has brought a flurry of rating actions.
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We believe fallen angels may look attractive over the next year with the carry now offsetting a 1.43% rise in yield from rates or spreads.
Fallen angels outperformed broad high yield in June. Spread widening and volatility may provide opportunities to add exposure.
Bala Vikasa International Center, rebranded as Bala Vikasa Center for Social and Responsible Business, successfully organised a first-of-its-kind National Level Social Entrepreneurship Summit ‘Impulse 2022’, in partnership with the Telangana State Innovation Cell (TSIC) to bring together various stakeholders of the Social Entrepreneurship ecosystem at its Incubation and