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The Investor's Guide to China podcast: Dealing with China's debt
As China rolls out new stimulus measures, the country’s approach to debt and public spending is back in the spotlight.
India’s renewable bonds: Riding the green wave
India’s need to deliver more green power is likely to make its renewable energy sector a destination for global capital for years to come.
US high yield may be less stretched than you think
Investor interest in income strategies has squeezed high yield credit spreads. But a metric we watch at Fidelity suggests they may not be overpriced yet.
Asia high yield is not just China now
Worried by the risks of investing in Chinese bonds? The make-up of the Asian high yield debt market has changed.
US high yield may be less stretched than you think
US high yield may be less stretched than you think
Get real: 2024 and the need for income
For the first time in years, the interest available on cash deposits is tempting. However, parking money in ultra-defensive options comes with its own risks.
Think like private equity: the pick-and-mix approach to leveraged finance
Think like private equity: the pick-and-mix approach to leveraged finance
Think like private equity: the pick-and- mix approach to leveraged finance
Think like private equity: the pick-and- mix approach to leveraged finance
Chart Room: After a record-breaking year, where next for leveraged finance
Chart Room: After a record-breaking year, where next for leveraged finance
Chart Room: Putting the high back into high yield
The era of ultra-low coupons in the European high yield bond market is coming to an end, but higher financing costs also means elevated risk for businesses
Playing offense on income funds
Playing offense on income funds
Chart Room: Credit markets focus again on fundamentals
Fidelity's model shows factors associated with credit fundamentals and valuations have contributed more than sentiment to investment returns since the pandemic
Chart Room: Is ‘higher for longer’ the new normal for funding costs?
Chart Room: Is ‘higher for longer’ the new normal for funding costs?
Leveraged loans hold steady through Fed pivots: a story in three charts
Leveraged loans hold steady through Fed pivots: a story in three charts
Private debt: from dinosaur to dynamic funding model
Private debt: from dinosaur to dynamic funding model
Time to look beyond Evergrande and China’s ‘too big to fail’ era
Property giant China Evergrande’s woes are better understood as a controlled explosion, rather than an unexpected disaster.
Credit risk at China’s SOEs in focus amid Huarong saga
China’s bond and equity markets have been rattled by concerns that state-owned enterprises could face greater default risk.
China bond defaults signal a coming of age as state safety net shrinks
Bond defaults by state-owned enterprises have rattled China’s onshore credit markets. We see this as an important if painful step in curtailing moral hazard.
European high yield: The curious case of the defaults that didn’t happen
At the height of the March crash, defaults looked set to soar. The reality turned out to be very different.
Fidelity CIOs: Dispersion increases as demand effects filter through
Investors become more selective as demand shock hits oil price and other sectors.
Downgrade risks when zombies become fallen angels
The high yield bond market prepares for an influx of downgraded investment grade debt.
Will ECB's Lagarde reach for the bazooka to avoid European liquidity crisis?
Tomorrow Christine Lagarde, head of the ECB, gets her chance to calm markets. Will she reach for the bazooka?
Silver linings for European high yield despite coupon erosion
High yield investors are still getting compensated relative to other assets and low rates have allowed for easier refinancing and improved issuer liquidity.
UK high yield turns a corner as no-deal Brexit worries fade
UK high yield bonds - which have been shunned by investors in recent years - look increasingly attractive.
Further Fed easing could create opportunities in credit
As the Fed eases, credit investors should prepare for widening spreads that offer better entry points, increasing their odds of producing excess returns.
A bottom-up approach to factor investing in corporate bonds
An introduction to Fidelity's ground-breaking approach to factor investing in fixed income
Don’t miss the Asia high-yield opportunity
Investor optimism in China is improving, and Asia's high yield market is looking more attractive than the equity market.
Lifting the lid on fixed income asset allocation models
This article explain's the quantitative model we use to guide our asset allocation decisions in fixed income
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