Pacific Asset Management is committed to participating in a thoughtful and candid dialogue with the institutional investment community.

Investment Grade: Uncharted Waters

June, 2020|Categories: Investment Grade, Manager Viewpoints, Newsletter|

Entering 2020, the US markets were coming off a very strong 2019. The current landscape is dramatically different.

Dis-Loan-Cation

May, 2020|Categories: Bank Loan, High Yield, Manager Viewpoints, Strategic Corrections|

March saw the greatest level of credit market volatility since the Global Financial Crisis (GFC).

Twelve for ‘19

January, 2020|Categories: Bank Loan, High Yield, Interest Rates, Investment Grade, Manager Viewpoints, Newsletter, Short Duration, Strategic Corrections|

Victory went to risk-takers, even though it rarely felt comfortable.

BBB Bubble?

May, 2019|Categories: Bank Loan, Interest Rates, Manager Viewpoints, Newsletter, Strategic Corrections|

Investors have become increasingly concerned about the sharp rise in BBB-rated corporate debt, and it’s easy to see why.

The Empathetic Fed

April, 2019|Categories: Bank Loan, Interest Rates, Manager Viewpoints, Newsletter, Short Duration|

Expectations now call for zero rate hikes this year, we explore how we arrived here and frame the drivers of future rate decisions.

Twelve for ‘18

January, 2019|Categories: Manager Viewpoints, Newsletter|

2018 was a year in which risk was on... until it wasn’t. The last quarter of 2018 wiped away the gains, and memory, of the first nine months of the year.