De PMIs voor de grote economieën duiden op groei. Wel is t.a.v. de Amerikaanse economie recent sprake van enig verlies aan momentum.

Higher default rate in European High Yield driven by a growing trend of aggressive liability management activity among over-levered issuers, increasing the risk of balance sheet restructuring events.

The sector has gone from being one of the riskiest in Europe to among the safest – an excellent example of the situations we look for, and that our deep research and bottom-up approach allows us to benefit from.