Bond managers ‘cherry-pick’ in credit as lower-for-longer cycle continues

In a recent interview with Thomson Reuters Lipper, Stephen Snowden, head of credit at Kames Capital, concurred. He said that liquidity risk in corporate credits was “not currently a systemic one”, but rather about individual managers being able to manage their liquidity at a portfolio level.

Jake Moeller is head of Lipper UK and Ireland research at Thomson Reuters Lipper