Credit markets are underpricing inflation, debt risks: Robeco CIO
Against this backdrop, the asset manager favours shorter-duration exposures and higher-quality credit
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] Credit markets are failing to price in renewed inflation risks and mounting global debt, even as private-credit vulnerabilities build up beneath the surface, warned Anton Eser, chief investment officer (CIO) at Robeco.
Spreads across both investment-grade and high-yield credit remain tight in public markets despite a more fragile macro backdrop, pointing to what he described as a “fairly large amount of complacency”, he told The Business Times.
“We are not being paid an exceptionally high amount of spread for the given environment we are in,” he added.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
S$8m director pay, Iran war risks among issues raised by Sheng Siong investors ahead of AGM
DBS, OCBC, UOB shed nearly 3,000 jobs in 2025 amid restructuring, productivity push
Hao Mart shuts stores, sinks deeper into losses with four High Court lawsuits looming
Inside Indonesia’s trial of Gojek founder: How a Google laptop deal became a multi-billion-rupiah case