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 »
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 »