This commentary is written by Martin Fridson, a high-yield market veteran who is chief investment officer of Lehmann Livian Fridson Advisors LLC as well as a contributing analyst to Leveraged Commentary & Data. In the first 15 days of July, the ICE BofA US High Yield Index posted an abysmal -11.03% total return. The index’s 36-year history shows only one year with a return that...
READThis commentary is written by Martin Fridson, a high-yield market veteran who is chief investment officer of Lehmann Livian Fridson Advisors LLC, as well as a contributing analyst to S&P Global Market Intelligence. As part of our recent exploration of the impact of environmental, social, and governance (ESG) principles on the high-yield market ( part 1 / part 2 / part 3 ), we s...
READThis commentary is written by Martin Fridson, a high-yield market veteran who is chief investment officer of Lehmann Livian Fridson Advisors LLC, as well as a contributing analyst to S&P Global Market Intelligence. ESG-qualified Energy issues' March 2020 performance A previous commentary, " ESG outperformed as COVID hit, but does not guarantee alpha ," received some thoughtful ...
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