By Louis Gargour, Manager of the LNG Europa Credit Fund Market activity in 2013 supports the rationale for investing in Western European High Yield Credit into 2014 and beyond. The ECB has committed to keeping its benchmark interest rates low for 2014, and the rate cut in November to 0.25% substantiates that view. We view […] Read more »
Fitch London Credit Outlook Conference Highlights
From Fitch Ratings Fitch Ratings’ annual series of European credit outlook events returned to London today, with a combination of presentations and panel discussion focussed on the question: Why is Funding The Key to Recovery? Below are some highlight quotes from today’s presentations. Sovereigns: “On the back of a fragile economic recovery and […] Read more »
European Credit Commentary and Outlook from LNG Capital
By Louis Gargour, CIO of LNG Capital and Europa Credit Fund After the month of June markets have been significantly more constructive, key themes include a re-evaluation of credit, a decoupling of interest-rate risk from credit and equity risk, and a market which is more accepting of the Fed comments concerning the anticipated tapering of […] Read more »