Public Fixed Income

Global High Yield Roundtable

August 2023 – 9 min read

Chris Sawyer, Head of European High Yield at Barings, participated in CAMRADATA's Global High Yield Roundtable and discussed the state of the high yield market today, and how the team are navigating elevated levels of volatility.

Chris Sawyer, Head of the European High Yield Investments Group at Barings, noted, “What we’ve seen this year is people accept the world is different–it is likely to stay different."

“In credit generally there is a little bit of something for everybody. If your focus is on liability matching, you probably want to look more at high yield or investment grade–if you need income, you’ve got loans, which are currently offering a high single digit running/income yield given their floating rate nature and the move in base rates. Once you understand the credit risk in each market, there’s some pretty good value to be had.”

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Headshot of Chris Sawyer smiling at the camera.

Chris Sawyer

Head of European High Yield

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