9 Mar 2022 TwentyFour Blog Rising HY defaults more than priced in Default rate estimations depend on how you define defaults and what index you use, but there is no doubt we are at record lows in European high yield at the moment. Read more
27 Jan 2022 TwentyFour Blog Yields soften blow of Powell’s hard words Powell’s hard line may have surprised investors, particularly in light of recent market volatility and increasing geopolitical risk in Eastern Europe, but the Fed’s fear of prolonged higher inflation looks to be trumping those concerns. Read more
24 Jan 2022 Market Update Investment Grade Quarterly Update – January 2022 TwentyFour Partner and Portfolio Manager, Gordon Shannon, discusses how the investment grade strategy has performed in Q4 2021 and provides his outlook for the new year. Watch now
24 Jan 2022 Market Update Multi-Sector Bond Quarterly Update – January 2022 TwentyFour Portfolio Manager, Charlene Malik, discusses market conditions in Q4 2021 and provides her outlook for the new year. Watch now
24 Jan 2022 Market Update Asset-Backed Securities Quarterly Update – January 2022 TwentyFour Partner and Portfolio Manager, Douglas Charleston, explains how ABS markets have performed in Q4 2021 and provides his outlook for the new year. Watch now
6 Jan 2022 TwentyFour Blog Comprehending the latest Treasury spike Given the swiftness of the Fed’s pivot we think risks are tilted towards the central bank doing more and not less. We wouldn’t even rule out a 50bp rate hike at some point. Read more
14 Dec 2021 TwentyFour Blog UK banks pass the solvency test As bondholders, we are comforted by all the banks passing such a severe test. Read more
13 Dec 2021 TwentyFour Blog This is as good as it gets for linkers Against a backdrop of 4.20% year-on-year UK consumer price inflation (CPI), if you got your timing right, linkers (inflation-linked UK government bonds) will certainly have outperformed conventional Gilts by some margin. Read more
10 Dec 2021 TwentyFour Blog When will labour market strength JOLT Treasuries higher? The labour market in the US shows little sign of weakening, despite the huge number of jobs already created this year. Read more
6 Dec 2021 TwentyFour Blog Euro CLOs a top pick for 2022 Markets have clearly experienced some periods of volatility this year, and while European CLOs haven’t been immune to this, both fundamentals and prices have been remarkably stable. Read more
2 Dec 2021 TwentyFour Blog EM looks very cheap, but patience a virtue Emerging markets assets have endured a lot of punishment during 2021. Read more
2 Dec 2021 Market Update Policy, economy and markets must converge in 2022 Shortly after publishing his annual Rodney Blog, TwentyFour CEO Mark Holman sat down with Tom Porter to discuss the biggest calls fixed income investors will have to make in 2022, and explain why he believes the current disconnect between monetary policy, the economy and the markets cannot last for long. Watch now