This article discusses why credit investors should consider the potential volatility of the companies they lend to with examples provided of good and bad risks
Credit
Four Dangerous High Yield Credit Myths
This article debunks four common high yield credit myths and explains the actual triggers and warnings signs of a downturn in credit markets
Is a Debt Bonfire Building? (Issues with the Quality and Quantity of Debt Outstanding)
This article summarises three major pieces of research that highlight potential issues with the quality and quantity of debt outstanding, and the implications for investors.
Are Bonds Liquid?
This article examines proposals to improve the liquidity of bonds and explores why liquidity is important to many investors and fund managers.
The Beginner’s Guide to Peer to Peer Lending
This article covers the development of P2P lending, its future prospects and recommendations on how potential lenders should analyse loan risks.
The Perils of Preference Shares
This paper analyses the weaknesses of preference shares, using recent Australian examples to illustrate the issues.
Taking the Heat Out of Home Lending
This article details specific measures banks should take beyond current prudential guidelines to de-risk their home lending operations in advance of a potential fall in house prices.
Where are we at in the credit cycle and how should investors respond?
This article defines the four phases of the credit cycle, then details how investors should position credit portfolios to profit from coming phases.