Insights

Tis the season of outlooks and reviews. As we did last year, this month we’ll share some books, podcast and other things that have influenced our team’s thinking during 2024.

We examine what the new Trump presidency means for the US sovereign, discussing which parts of the private credit market are most exposed to the prospects of higher deficits.

The September Quarterly Report highlights a divergence in credit market performance, with high yield appearing expensive relative to investment grade, while private markets offer more attractive opportunities amid increased scrutiny of default rates.

With so much focus on the topic of governance in private debt, this month we review David Einhorn’s classic story of the demise of a pre-GFC private lender.

Pete Robinson spoke with Investor Daily on the importance of understanding that losses are inevitable when taking risks in investments.

This month we compare Q2 banking results in the United States with the national champion CBA.

In this video, Pete Robinson discussed the current state of corporate governance in private credit markets, highlighting the opportunities and challenges that lie ahead.

Private credit is attracting a lot of attention. A combination of higher base rates, a credit margin and illiquidity premium are appealing to investors looking for income.

In this article, Maddi Rowlatt explores the strong performance of the UK & European ABS markets in 2024, highlighting record issuances, stable credit performance, and robust demand. Gain insights into what lies ahead for H2 2024 and the market’s resilience.

We provide our quarterly around-the-grounds perspective on public and private credit markets discussing the fastest start to the year for securitisation markets since 2007, the end of the Term Funding Facility and the ongoing issues in the US commercial real estate markets.

This month we discuss whether the perceived imbalance between supply and demand in Australian housing markets is as substantial is it is made out to be.

Pete Robinson joined Livewire’s 2024 Income series to discuss rate hikes from the RBA, what the market is missing and how it impacts opportunities in fixed income.