(Photos: Shutterstock)
The end of 2022 and beginning of 2023 saw volatile markets that were difficult in most asset classes. Inflation remained high, while markets ended the year on a down note. But a new report from asset manager Insight Investment, US Pension Market, shows that moderating inflation and a clearer idea of the terminal level of rates should help to stabilize sentiment.
If the upward trend in yields draws to a close, says the report, the level of income available in credit markets should be sufficient to generate attractive long-term returns, with spreads at levels that could be overcompensating investors even in a scenario where default rates are at historically extreme levels.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.