After 19 percent drop in high yield – Capital Four only expects a short spike in default rates
March was a tough time for financial markets – and credit markets were no exception. Returns are still in the red, but things look much better now thanks to policymakers, says Capital Four’s CEO, Sandro Näf.
When the coronavirus hit, putting large parts of the world under lockdown, the financial markets took a blow. So did Nordea's largest European high yield bond fund, managed by Copenhagen-based Capital Four, which also manages other strategies that have been hit even harder.
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