Muzinich & Co

With fears of an economic hard landing abating and rates expected to stay higher for longer, our co-head of public markets and portfolio manager Michael McEachern discusses how a greater allocation to high yield, underpinned by strong risk management, can potentially boost the return appeal of a multi-asset credit strategy. Click here to read our recent article, Return of the MAC - https://lnkd.in/eQZdA7p2 For more information on Muzinich & Co., visit www.muzinich.com #fixedincome #corporatecredit #publicmarkets

Join Muzinich CEO Asia Pacific Andrew Tan on September 19, where he will take part in the CFA Institute’s Private Markets Webinar Series for a deep dive into the world of private credit. The session will delve into the characteristics of the asset class, the different strategies available to institutional and individual investors, and the evolving role of private credit in the economy and financial markets. To watch live or access the recording on demand, register here - https://lnkd.in/eBKcsJTA To learn more about Muzinich & Co Private Debt, please visit - https://lnkd.in/eHRk2Nih #privatecredit #privatedebt #APAC

Muzinich & Co Weekly Market Comment Normal service resumed in financial markets last week, but there were still plenty of newsworthy developments that raised questions for investors. In the US, the latest Consumer Price Index and Producer Price Index numbers might have removed any lingering doubts the Fed has about cutting rates in September. Will Fed Chair confirm as much on August 23 during his keynote speech at the Jackson Hole Economic Policy Symposium? In Europe, economic data continues to disappoint. Will we see a decisive response from the European Central Bank to spark the region’s economy back to life? Media reports on China’s Q2 GDP figures suggest the Asian superpower is mired in an extended economic malaise. Are things really that bad? The exit of a Japanese prime minister might ordinarily trigger a reaction in markets. Why were investors able to shrug this off, and what is focusing their attention instead? These are some of the questions we seek to answer in our latest roundup of the key developments in financial markets and economies. Please click here to read the article - https://lnkd.in/ea7gTBD6 To receive the latest thinking from our investment teams on public and private corporate credit markets, click here - https://lnkd.in/epZwbVYx For more information on Muzinich & Co., visit www.muzinich.com #FinancialMarkets #Investment #CentralBankPolicy #GlobalEconomy #JacksonHole Muzinich & Co views and opinions are for illustrated purposes only and not to be construed as investment advice.

Despite concerns over interest rates staying higher-for-longer, softer economic data in recent months, growing pressure on consumers and episodes of politically driven volatility, the US and European high-yield markets have shown resilience so far this year. But can that continue? That’s the question we put to Muzinich & Co. portfolio managers Kevin Ziets and Jamie Cane, CFA in our latest Q&A. Click here to read the article - https://lnkd.in/ehyU6eEy For more information on Muzinich & Co., visit www.muzinich.com #highyield #creditspreads #corporatecredit

It’s not every day an interview with a finance publication touches on Queen’s magnum opus, Bohemian Rhapsody, and the James Bond film franchise. But that’s exactly what happened when Muzinich & Co’s Asia Pacific CEO, Andrew Tan, sat down recently with Indira Vergis from AsianInvestor. Click here to find out more - https://lnkd.in/eAsh5SXK To learn more about Muzinich & Co Private Debt, please visit - https://lnkd.in/eHRk2Nih #bohemianrhapsody #jamesbond #creditinvesting

Asian hard-currency credit markets have been among the primary outperformers in the credit universe. While a favourable macro environment and strong corporate fundamentals have contributed to this narrative, a sizable supply deficit has been a bigger factor in driving down spreads. So, what are the prospects of that changing, and where can investors find potential opportunities in a supply-starved market? We put the questions to Muzinich & Co. portfolio manager, Mel Siew - https://lnkd.in/eafBACe5 #corporatecredit #investmentgrade #highyield

After a busy first half to 2024, we hope you manage to get some well-earned downtime over the summer. One of the simple pleasures gained from being out of the office is having the time to read. So, if high yield is more your thing than House of the Dragon, or you find private debt more appealing than Pride and Prejudice, why not try something from our hand-picked selection of recent articles by our investment team? #creditmarkets #fixedincome #publicmarkets #privatemarkets

Muzinich & Co Weekly Market Comment August has historically seen its fair share of risk events. This year has been no exception. The combination of a surprise interest rate hike by the Bank of Japan and disappointing employment numbers in the US sent financial markets into a tailspin, with fears around the global economy and whether central banks have fallen behind the curve. Are markets right or will this prove another case of much ado about nothing? That’s the big question we seek to answer in our latest roundup of the key developments in financial markets and economies. Please click here to read the full article - https://lnkd.in/eztaxhuy

In the latest edition of our EM Monthly series, Muzinich & Co. portfolio manager warren hyland explores how credit investors could benefit from growing energy consumption and demand for copper. Click here to read the article - https://lnkd.in/e3fvpsPM For more information on Muzinich & Co, visit www.muzinich.com #energy #oil #copper #netzero

Over the past decade, the US has driven growth in direct lending, accounting for almost 60% of the global market, according to Preqin (as of June 2024). This growth has been accompanied by increased attention from actors across the financial system – not all of it favourable. In our latest article, our co-head of US private debt Michael R Smith answers the big questions facing the asset class. Click here to read the article - https://lnkd.in/eVZrJvm9 For more information on private debt at Muzinich & Co, please visit https://lnkd.in/ezPh547p #privatedebt #privatecredit #directlending