Credit & Alternative Credit
Amsterdam, Wednesday 25 September 2019

Programme

 
8:00 AM
8:30 AM
8:35 AM
With a late credit cycle looming and trickier market conditions ahead what should European investors be thinking. This may not be the time to over-stretch for yield, as a portfolio of well managed corporate bonds can deliver solid risk-adjusted returns. ESG analysis when embedded in the credit research process can aid quality security selection over the long term.
8:55 AM
In a buoyant market for private debt, Hermes Investment Management will be discussing how investors should think about allocating to direct lending strategies to deliver optimal risk adjusted returns in the current environment.
9:15 AM
9:30 AM
9:50 AM
With European corporate default rates at (or close to) all-time lows and the ECB expected to embark on another round of QE, this presentation will:
  • Examine current market dynamics in the sub-investment grade space and the inter-play of technicals and fundamentals 
  • Assess the importance of credit selection across market cycles and in different economic conditions
  • Compare relative value opportunities across high yield bonds and leveraged loans
  • Explore how flexible mandates can capture superior risk-adjusted returns in a portfolio
  • Evaluate the resources required to build and manage high yield bond and leveraged loan portfolio
10:10 AM
Systematic factor investing has become extremely popular across a wide range of asset classes but has always suffered from complex challenges when applied to corporate bonds. However recent improvements in data reliability and increased electronic trading in fixed income markets have paved the way for systematic strategies. At Fidelity, we have designed a ground-breaking, bottom-up approach using an extensive dataset to create systematic portfolios that we show generate consistent, positive alpha through the credit cycle.
10:30 AM
10:45 AM

Speakers

Venue

Hilton Amsterdam

Apollolaan 138
1077 BG Amsterdam
The Netherlands
T: +31 20 710 6012
F: ++31 20 710 9000

Sponsors