Cet article vous est offert par RBC BlueBay Asset Management.

Stress before distress: opportunities in the European mid-market

Rock climber

Entering 2024, central banks have seemingly pulled off the unthinkable, an immaculate rate hiking cycle that has left global growth supported, interest rates higher and jobs largely intact. It’s a little early to call victory and the end of the story, however, it is clear the much lauded ‹once in a generation› default cycle is not quite what people expected.

So, where does this put the outlook for stress and defaults, particularly within the European mid-market space, and why should it matter to investors?

In our latest whitepaper, we look at the forces affecting speculative grade lending including:

  • The evolution of the market
  • The current borrowing environment
  • Macro headwinds
  • The timely opportunity set this offers to investors

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