Leveraged Finance: Cover Your Bases Banner

Leveraged Finance: Cover Your Bases

In 2019, the leveraged finance markets are off to their strongest yearly start from a total return standpoint since the financial crisis. Over the next 12 months, we believe the leveraged finance universe – comprising high yield, bank loans, and collateralized loan obligations (CLOs) – will continue to offer solid investment potential, though it will likely face pockets of volatility in the shorter term.

Here, we dive into the key asset classes that make up the US leveraged finance market and explore the attractive risk/reward opportunities available to investors across varying market conditions.

Late Cycle Investing: How to Position and Protect Portfolios Within Leveraged Finance
Late Cycle Investing: How to Position and Protect Portfolios Within Leveraged Finance
Leveraged finance markets continue to provide active managers with compelling opportunities to generate alpha – and defend against the risks ahead.
2020 Outlook: High Yield Finds Its Sweet Spot in Single Bs
2020 Outlook: High Yield Finds Its Sweet Spot in Single Bs
Spreads on B-rated issues have widened, making this a potentially attractive space to take on additional illiquidity risk, with the expectation that premiums will normalize in the future.
Bank Loans: Opportunities Beyond Interest Rate Protection in Today's Market
Bank Loans: Opportunities Beyond Interest Rate Protection in Today's Market
A well-designed allocation may offer additive portfolio benefits, including attractive spreads and protective characteristics in a weakening economy.
Seeing Beyond the Complexity: An Introduction to Collateralized Loan Obligations
Seeing Beyond the Complexity: An Introduction to Collateralized Loan Obligations
CLOs offer investors a compelling combination of above-average yield and potential appreciation. But what are they, exactly?
Leveraged Finance Asset Allocation Insights
Leveraged Finance Asset Allocation Insights
Our Leveraged Finance team summarizes their current convictions across the various segments of the market.

PineBridge Leveraged Finance Team

Stable and experienced
36-member
investment team
Senior leadership averages
33 years'
experience and has been
together for over
19 years
16 experienced
research analysts
and 4 traders
$19.8bn
in Global Leveraged
Finance AUM1

1 As of 30 September 2019. Due to rounding, totals are approximate.