Morgan Stanley Dette Privée Europe SLP

Treasury buybacks have the potential to be a net positive for equities and ease financial conditions that are broadly supportive of financial assets. We discuss how this policy action impacts our asset allocations.

Malgré des valorisations exigeantes, le niveau de portage continue d’offrir un soutien appréciable aux marchés obligataires. Dans cet environnement, nous estimons que la gestion active constitue un levier essentiel pour saisir les opportunités les plus attractives dans les stratégies de duration, la dette émergente, le crédit d’entreprise et les actifs titrisés. Regardez cette vidéo pour en savoir plus.

Elevated market volatility and a resilient economy favor net lease investments that are characterized by durable, long-term cashflows with fixed escalations in sectors and assets that are supported by long-term structural demand drivers. However, given heightened credit risk with some tenants who may struggle to absorb higher input costs it is critical that investors truly understand the residual value of the underlying real estate in addition to the credit of the tenant in assessing the attractiveness of a net lease investment.