2 Mar 2021 Market Update Opportunities in Financials In this virtual session, Partners & Portfolio Managers Gary Kirk & Gordon Shannon will share their views on the current opportunities within financials. Watch now
25 Feb 2021 TwentyFour Blog The UK Savings Ratio: How Far Can It Go? The Bank of England have just added to the debate about how much of the recent surge in savings will be deployed in the form of consumption as we return to ‘normality’. Read more
20 Jan 2021 Market Update Multi-Sector Bond Quarterly Update – January 2021 George Curtis discusses credit markets in Q4 2020 and provides his outlook for the year ahead Watch now
8 Jan 2021 Market Update Q1 2021 Investor Update After a tumultuous 2020 which nonetheless delivered strong returns in many asset classes, fixed income investors are expecting a more normalised trading environment in 2021. Watch now
7 Jan 2021 Market Update More upside in bank capital Partner and portfolio manager Gary Kirk discusses why he thinks AT1s continue to look attractive in the search for yield. Read more
16 Dec 2020 TwentyFour Blog Distribution Support for AT1s Yesterday the ECB released their guidance to banks regarding shareholder distributions. They have reiterated that banks should exercise extreme moderation on variable remuneration (bonus payments) and have set limits for dividend payments to equity holders and prudence on any share buy-back schemes. Read more
25 Nov 2020 TwentyFour Blog More Upside for Bank Capital 2020 has not been an ideal year for those investors with a nervous disposition, as we have endured an unprecedented level of uncertainty soothed by an equally unprecedented level of monetary and fiscal stimulus Read more
23 Oct 2020 TwentyFour Blog Barclays Boosts Case for Bank Bonds Over Equity Barclays announced its results for the third quarter of 2020 this morning, with a number of media outlets opting to focus on a 6% year-on-year reduction in top-line income. Read more
20 Oct 2020 TwentyFour Blog Expect Winners and Losers in Last Window of 2020 Unlike the past six months, where nearly all new deals performed well in the secondary market, from here on in that is far from guaranteed. Expect winners and losers. Read more
19 Oct 2020 Market Update Multi-Sector Bond Quarterly Update – October 2020 George Curtis discusses Q3 performance for credit markets and provides his outlook for the rest of the year. Watch now
8 Oct 2020 TwentyFour Blog More Noise Than Substance on UK Banks The press can have their sensational headlines, but these stories have little substance when it comes to the impact on the reputation risk of banks or indeed any significant impact on their balance sheets come May 2021. Read more
22 Sep 2020 TwentyFour Blog Will The Latest Dip Be Bought? Overall, in our view there may be some temporary volatility ahead which investors can try to sidestep or even take advantage of, but it’s probably not worth trying to be too cute as our medium term outlook is still constructive. Read more