A high-yield play in private credit

Sherman McCoy, the lead character in the 1987 book The Bonfire of the Vanities by Tom Wolfe, was described as a “master of the universe” due to his role as the highest-earning bond trader at his broke

Credit markets are “partying like it’s 1999”, investor Jim Chanos tells Bloomberg. Chanos, a short-seller famous for predicting the collapse of Enron, thinks that private credit is being sold to inves

Issue of the week: private dysfunction? A brief ...

The combined market capitalisation of the Magnificent Seven group of US mega-cap stocks – Alphabet, Amazon, Apple, Meta , Microsoft, Nvidia and Tesla– is now over $22trn, meaning these seven stocks ma

Every generation gets one industrial revolution. Ours is AI – still novel, not yet fully understood, but certain to become so embedded in life that we’ll forget how we ever worked without it. The ques

Emerging markets (EMs) are back. The MSCI Emerging Markets index delivered a 31% return over the first ten months of the year, compared with just 18% from the developed markets-focused MSCI World inde