Investing globally to uncover the best opportunities.
Our global high yield investment capabilities include high yield bonds, senior secured loans, structured credit and special situations. Our team of specialists collaborates to deliver specific client solutions across individual or multiple asset classes.
Global Senior Secured Loans
AUM: $34.8 billion (March 31, 2019)
Our team of dedicated high yield professionals seeks to identify attractive investment opportunities and actively manages portfolios designed to deliver the best relative value opportunities on a global scale.
Global High Yield Bonds
AUM: $9.8 billion (March 31, 2019)
Our high yield bond strategies draw upon our extensive investment platform and experience to provide access to the U.S. and European high yield markets.
AUM: $6.0 billion (March 31, 2019)
Our global high yield multi-asset strategy can simplify an investor’s approach to high yield allocations as well as offering a more attractive risk-return profile than a single-asset class strategy.
Special Situations Credit
AUM: $496 million* (March 31, 2019)
*Committed Capital in excess of $400 million (June 30, 2015)
Our approach to special situations credit investing is flexible and returns-driven, and seeks compelling return opportunities across the developed corporate high yield markets.
High Yield: Identifying Value Amid Shifting Sentiment
Despite the sharp turns in high yield markets over the past two quarters, companies ticked along without flinching—posting strong earnings over the course. David Mihalick, Barings’ Head of U.S. High Yield Investments, explains why.View
High Yield: A Swift Rebound
High yield bonds and loans posted a strong Q1 following the technically induced Q4 sell-off. With defaults still near historical lows, current spreads provide attractive risk-adjusted return potential.View
The Potential Benefits of Global Senior Secured Loans
In the current environment, senior secured loans are gaining traction for their potential to offer a blend of attractive yield and protection against both credit and interest rate risk.View
An Underappreciated Subset of High Yield
For investors willing to surrender a nominal amount of yield in favor of greater protection given a default, global senior secured bonds can be an attractive option in a recessionary environment.View
High Yield: Five Takeaways for the Months Ahead
From trade wars and Brexit to central bank posturing and recessions, there is no shortage of risks facing today’s markets. As we consider high yield in the context of this turbulent environment, there are five takeaways we think are worth considering in the months ahead.View
A Global Approach to High Yield Investing
In the Conversations piece, Barings’ Sean Feeley and Chris Sawyer discuss the potential benefits of a global approach to high yield.View
Multi Credit Investing: Embracing the High Yield of Today
Over the past decade, the growth and expansion of the global high yield markets have transformed the way investors view the asset class. In this article, we discuss the potential benefits of considering a multi credit, “through-the-cycle” approach, which can give investors’ high yield allocation more flexibility, potentially improving their ability to capitalize on opportunities across the global high yield markets as they materialize throughout the credit cycle.View
VIDEO: High Yield Multi Credit InvestingView
Investing Strategically in High Yield
Barings’ Martin Horne and David Mihalick discuss the benefits of taking a long-term, multi-credit approach to investing in global high yield bond and loan markets.View
VIDEO: How is this cycle different?
Head of European High Yield, Martin Horne weighs in on how this credit cycle has differed from those in the past and what that means for investors.View
VIDEO: European High Yield Opportunities
European High Yield Bond Portfolio Manager, Craig Abouchar discusses why the Barings team see value in the single-B market.View