Wellington Management
April 17, 2024
Tracing our history to 1928, Wellington Management is one of the largest independent investment management firms in the world. We serve as a trusted adviser for institutions in more than 60 countries.

Is there opportunity for high yield in today’s new economic era?

As an active high-yield investor, I am excited about the opportunities offered by the new macro regime with its higher levels of cyclicality and dispersion between regions, sectors and assets. At the same time, I think caution is warranted as the environment remains uncertain and volatility is likely to persist. However, I believe current all-in yields provide a meaningful cushion to investors. Further, the growing differentiation among sectors and regions in the high-yield market is, in my view, starting to create attractive opportunities for bottom-up focused investors, with Europe currently the standout region.

Read more here .

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