Distressed Debt: Capturing Late-Cycle Value

March 2020 – 32 min listen
Barings’ Stuart Mathieson and Bryan High discuss how recent macro events and credit market dynamics are impacting the outlook for distressed debt.

Episode Segments

2:10 – High yield, private credit & CLOs – monitoring late-cycle dynamics
7:54 – The impact of Coronavirus and increased macro volatility
12:27 – Where opportunities may arise across geographies and sectors
16:29 – How the trend toward ‘megafunds’ can be at odds with alpha generation
20:13 – Challenges managers face with deploying capital
23:39 – Where distressed debt fits in an asset allocation
28:36 – Strategies for mitigating risk in an increasingly volatile environment

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