- There has been no let-up in the negative press and regulatory headlines about leveraged loan markets and we believe there is a need to redress the balance
- The prevalence of cov-lite warrants caution and scrutiny from lenders but business size and quality is high and default risks are low
- Fundamentals are largely supportive and loan yields compensate for the risk of credit loss
Read the full paper
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.