Opportunities in Leveraged Credit
Polen Capital's Dave Breazzano recently sat down with Institutional Investor to discuss what the high yield credit asset class can do for diversification, returns, and risk profiles within institutional portfolios.
Episode One
In the first episode of the series, Dave examines the risk-reward profile of the high yield credit asset class, and how opportunistic high yield has the potential to help enhance returns without increasing risk.
Episode Two
In this episode, Dave discusses key differences between lower-tier high yield and higher-grade high yield. He delves into some of the nuances surrounding volatility and risk in opportunistic high yield as they relate to equity volatility and higher-grade high yield.
Episode Three
In this episode, Dave discusses his views on the potential impact of an interest rate cut later this year and the resilience of the lower-tier high yield leveraged credit markets.
Episode Four
In this episode, Dave takes deeper look at upcoming maturity walls and whether he believes they may threaten the stability of lower-tier high yield investments.
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