Credit where credit is due…

For years following the financial crisis, credit markets were considered by many to be relatively unattractive due to the low yields and tight spreads on offer – forcing investors to search hard for yield. 2022 was a year to forget for investors – with concerns around inflation, tightening monetary policy and forecasts for a recession continuing to weigh on markets. 

Our latest research paper seeks to answer whether the significant re-pricing offers an attractive entry point for new investors, illustrating just how well current market pricing is compensating investors for risks in credit markets and how this can potentially be utilised within a DB pension scheme strategy.