Where Eagles Dare – Seizing Opportunities in the Distressed Debt Market

The unfortunate and unpredictable spread of COVID-19, along with the collapse in oil prices, has resulted in a portfolio shift towards safe haven assets and wealth preservation. Consequently, spreads between large parts of the high-yield bond & loans universe and U.S. Treasuries have widened to over 10 percentage points in the month of March, causing the stock of Distressed Debt assets to quadruple to USD1tn. Rating agencies, too, note that default rates are likely to triple to over 10% in the near term. The current market conditions are now conducive for Distressed Debt investors.

In this exclusive webinar Acuity Knowledge Partners is pleased to host Till Heimlich, Investment Manager at the Distressed Debt practice of Pictet Asset Management. The panelist will discuss the current market conditions and the opportunities in the Distressed Debt space. As an investor you will also gain insights about challenges in the Distressed Debt investing and solutions to help asset managers to adapt and scale up during the turbulent times.

Key Takeaways

1. Distressed Debt as a dominant asset class in the current stage of the credit cycle
2. Opportunities in the Distressed Debt space
3. Challenges faced by investors and best practices for building a proprietary and
    scalable Distressed Debt investing process