From Carry to Capital Gains: Unlocking Alpha in a Dynamic Credit Environment

Could 2025 be even stronger for credit markets? 📈

While significant uncertainties remain—including the direction of monetary policies and the trajectory of the global economy—we believe credit markets present interesting opportunities looking ahead. Higher yields have made the credit universe more attractive compared to previous years.

In our latest article, Vincent Ollivier, Credit Portfolio Manager, and Fabio Vanerio, Lead Fund Advisor, dive into how we’re navigating this dynamic environment from carry to capital gains.