Hunt for yield reaches fever pitch | Top News | IFRe
"“Loose monetary policy is driving this demand for risk and general search for yield,” said Georg Grodzki, head of credit research at L&G. “While this might not be sustainable over the long term, this should continue into next year. What helps right now is that any sign of weakness is seen as a buying opportunity.”
His view was echoed by DCM syndicate bankers who have been advising clients to go ahead with transactions now.“Inve...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.