Macro Insight
Richard Lindquist in Citywire: Middle Market High Yield Investing
 
 

Macro Insight

Richard Lindquist in Citywire: Middle Market High Yield Investing

 

Middle Market High Yield Investing

In his Citywire USA feature, Richard Lindquist discusses his views on middle market issuers and the High Yield Fixed Income team’s investment approach. 

  • Middle market high yield issuers may offer more yield and shorter duration than their larger peers.
  • Although middle markets are not immune to liquidity concerns, they generally exhibit less price volatility than larger issuers.
  • Many managers simply do not have the credit analyst staff to tackle the middle market. Those focusing on middle market credits have to be committed to fundamental research.
 

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