Introduction As of March 2024, equity valuations, particularly in the U.S., have reached elevated levels.1 We believe this reflects investor optimism regarding an economic “soft landing”, excitement surrounding AI technology and expectations of central bank...
In our May 2023 Brompton Insights publication on Senior Loans, we highlighted the potential for Senior Loans to deliver equity-like returns given their high current yield and the opportunity for discounted loan prices to return to par. Year-to-date, Loans have...
