EUROPE - Institutional investors with concerns about rising interest rates should consider Europe's leveraged loan market, M&G Investments believes.
The firm said markets are currently pricing in rate rises, but loans can meet this risk by providing a variable income that sits some 4% above Bank of England base rates. Leveraged loans are deb...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders