September 27, 2017— On Sunday, Germany held general elections for the Bundestag, its lower house of parliament. This election was the last in a series of 2017 European elections in which right-wing, anti-immigrant parties and candidates challenged centrists. Earlier this year, centrists soundly defeated extremists in both the Netherlands and France.
September 22, 2017— We are occasionally asked if we view the bank loan (also leveraged loan) space as attractive. While we are not addressing complete market credit conditions here, we can comment on some unique aspects of the bank loan market that impact our view.This asset class is composed of loans traditionally made to high-yield, or non-investment-grade borrowers.
September 18, 2017— China’s ruling Communist Party (CCP) convenes its 19th National Congress on October 18. The congress will be assembling against the backdrop of a favorable investment climate that goes well beyond mere window-dressing:Rising personal incomes are driving the revenue of many listed companies, especially in e-commerce.