Investment Grade Quarterly Update – January 2023

The US Treasury Department surprised markets yesterday afternoon by announcing an increase in its buyback operations, which will “at least double” to $4bn, from 9 September to 4 November.

La strategia Multi-Asset Credit di TwentyFour si fonda su un approccio a tre pilastri incentrato su reddito, valore relativo e alfa differenziato. Ciò consente ai nostri gestori di portafoglio attivi di ricorrere a un’allocazione dinamica per puntare a solidi rendimenti corretti per il rischio nel credito globale.

Gli asset creditizi hanno registrato in generale una buona performance nella prima metà del 2026, nonostante la volatilità periodica alimentata dalla guerra in Iran e le preoccupazioni legate alla disruption dell'intelligenza artificiale (IA) e al private credit.

TwentyFour Asset Management’s Gordon Shannon reflects on a quarter shaped by geopolitical tensions, government bond volatility and shifting central bank expectations.

TwentyFour Asset Management’s Diva Bashay reflects on a quarter which tested market sentiment through geopolitical tensions, shifting interest rate expectations and UK political developments.

TwentyFour Asset Management’s Elena Rinaldi reflects on a quarter in which Asset-Backed Securities (ABS) and Collateralised Loan Obligation (CLOs) markets demonstrated resilience despite heightened geopolitical and market volatility.