Featured Insight
Out With a Whisper, In With a Bang
Notes from the Trading Desk - Q4 2025
2025 ended quietly with positive returns across asset classes, supported by lower yields and tighter credit spreads. As 2026 unfolds, AI-related issuance, M&A activity, and the comeback of leveraged buy-out financing are creating a more opportunity-rich environment for active credit managers with a global reach.
Credit Market Themes in 5 Charts
Q4 2025
Out With a Whisper, In With a Bang
Notes from the Trading Desk - Q4 2025
2025 in Review and What to Watch in 2026
November 2025 Newsletter