Reflections on economic and social trends that impact investor sentiment and behavior.
Selected Document
Q and A - Global High Yield
Western | August 22,2013

Michael Buchanan discusses why the global high-yield asset class may be attractive for a diverse range of investors

  • Global high-yield allocation might provide greater diversification than a (US-centric) high-yield approach
  • We think the fundamental tailwinds in high-yield are strong, which leads us to believe that default rates for 2013 are likely to be well below historical averages
  • With interest rates still at historically low levels, investors concerned about rising rates and those looking for yield may want consider global high-yield