Analysis and news
Views on the Nordic credit market from our portfolio managers, alongside news about OQAM and Mercurius Credit Fund. Our analysis is also published on LinkedIn. Follow us there opens in a new tab to see them in your feed.
AnalysisMercurius Credit FundChristian Hjalmarsson
Property bond spreads are back at 2021 levels, despite weaker credit metrics and rising borrowing costs
Credit spreads are back near 2021 levels, yet interest coverage is at a ten-year low and average borrowing costs have doubled. In our view, current spreads do not adequately compensate for the risk.
NewsMercurius Credit Fund
Mercurius Credit Fund turns three and earns five stars from Morningstar
As soon as it became eligible, Mercurius Credit Fund received Morningstar’s highest rating, placing it among the top ten per cent of funds in its category.
AnalysisMercurius Credit FundChristian Hjalmarsson
Heading into summer: strong demand meets fewer new issues
Following record issuance in the first half of the year, primary market activity is expected to slow over the summer. Continued fund inflows and coupon payments support strong demand for credit.
AnalysisMercurius Credit FundChristian Hjalmarsson
Where did the risk premia go?
Ten years of issuance data show that compensation for additional credit risk has fallen to historic lows in several segments. We examine current pricing and how we seek value in this market.