COVID-19

As the spread of the coronavirus impacts financial markets, our Portfolio Managers are here to share their views on the current situation with you.

Show filters Hide filters
TwentyFour Asset Management
TwentyFour Blog
COVID-19

CLOs: Lessons From The Past

In recent weeks we’ve seen significant sell-offs across all asset classes as investors have been scrambling for liquidity. With most of Europe and the US effectively in lockdown, a recession looks to be inevitable and the question is what this will do to corporates’ ability to service and refinance their outstanding debt, especially for those in the sub-investment grade space.

Read more

TwentyFour Asset Management
TwentyFour Blog
COVID-19

When Will The Bond Liquidity Squeeze End?

For participants in financial markets a liquidity squeeze that lasts for a prolonged period is one of the most difficult environments to cope with. Correlations break down, markets trade in a vacuum, small trades lead to disproportionate price moves, relative value goes out of the window, panic sets in, selling is indiscriminate. This is where we have been for the last two weeks. So we thought we would share some of these experiences with you and try to rationalise why it is happening and when it might end.

Read more

Quality Growth Boutique
2020-03-12_mu_covid-qg-americas_teaser
Viewpoint
COVID-19

Coronavirus Sell-Off: Putting Volatility in Perspective

We are now witnessing a market panic as the continued spread of the coronavirus is threatening a global recession. Portfolio managers Ramiz Chelat, Jin Zhang and David Souccar explain how they are adjusting their portfolios to take advantage of market dislocations and why quality growth businesses can help provide downside protection.

Read more