Per Wehrmann, DWS Head of European High Yield, and Polina Sorokina, DWS Investment Specialist Fixed Income
2020 has been by all means a tumultuous rollercoaster year for the European High Yield market! After the Corona crash, unprecedented stimulus and vaccine hopes drove a strong market rebound leading to a significant spread tightening. However, current European High Yield spreads are still above the levels we have seen at the end of 2019. Besides, it is also worth taking a relative view on the Fixed Income market.
Around USD 18 trillion bonds globally are yielding negative. In addition, almost 50% of all bonds worldwide are currently yielding below 1%. Due to the ongoing QE, the “low for longer” seems to stay with us. Thus, European High Yield may offer attractive investment opportunities for return-oriented Fixed Income investors.
In addition, sustainable investments play an increasingly important role for investors. ESG and European High Yield – how does this fit together and how could a potential ESG implementation to European High Yield look like?
Join our BrightTalk Webinar where we will shed light on the above questions and topics with Per Wehrmann, DWS Head of European High Yield, and Polina Sorokina, DWS Investment Specialist Fixed Income:
EUR HY Market: Review and Outlook – Credit Selection Key for Alpha Generation
EUR HY & ESG – Challenges and ESG Implementation to EUR HY