Credit Rendezvous: recovery begins, but is it U, V or even W?

By Dan Alderson, Seth Brumby, Charlie Dinning, Michelle D'Souza, Tanvi Gupta, Sayed Kadiri & Hugh Minch

Investing in credit is not as easy as ABC. The coronavirus crisis has crushed valuations and although most assets will eventually pull to par, no one is sure how the recovery will pan out

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TAGS: Asia Direct lending Emerging markets Europe High yield bonds Investment grade credit CLO Distressed debt Credit derivatives Leveraged loans Real assets Performance North America South America Credit Rendezvous