This overlooked macroeconomic factor poses an underappreciated risk to investors going forward, according to PGIM’s head of thematic research Shehriyar Antia.
Tag: Credit Rating
Credit ratings are only part of the story
Credit ratings of companies doled out by ratings agencies do not necessarily influence investment decisions, according to Mitch Reznick, London-based co-head of credit and head of credit research at Hermes Investment Management.
Ratings, RMB impair China’s bond market
A stabilised currency, improved liquidity and a more mature credit culture are what will attract investment in onshore Chinese bonds, industry sources said.
Why are China onshore and global credit ratings different?
A recent working paper from the People’s Bank of China tries to explain the differences between the credit ratings issued by domestic and international agencies.
