RBC BlueBay Insights

Senior ESG analyst, Lucy Byrne, joins us on the BlueBay Insights podcast to share her views on the impact of the COVID crisis on ESG investing. We asked Lucy: Has the appetite for ESG among investors increased during the COVID crisis? How has BlueBay’s ESG business been affected by the crisis? What is the rationale behind BlueBay’s ESG priorities for 2020 and where do you see areas for improvement...

David Riley joins us on the BlueBay Insights podcast to update us on the Brexit saga and the latest takeaways form the Fed. We asked David: Brexit has returned onto investors’ radar. What are your thoughts on the latest developments in the Brexit saga? What are your takeaways from the latest Fed meeting?

David Riley joins us on the BlueBay Insights podcast for his regular update on the latest economic data. We asked David: US Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole is a big point of debate amongst investors. What is your view on the Fed’s new policy framework? What are you expecting from next week’s meeting of the European Central Bank? Equity and credit markets had another...

Tim Leary joins us on the BlueBay Insights podcast to update on high yield’s positive summer run, what might be to come in the default cycle and how influential ESG really is to leveraged finance investors. We asked Tim: High yield has had an encouraging summer run – July proved to be a notable month for the US market, which registered its largest monthly gain since October 2011. Has the investmen...

Polina Kurdyavko joins us on the BlueBay Insights podcast to share her perspectives on Emerging Markets. We asked Polina: After prolonged negotiations between the Argentine government and major bond holder groups, there seemed to be a swift end to restructuring talks. Firstly, were you surprised by the eventual agreement and secondly, what are the broader implications for the country? Considering...

David Riley joins us on the BlueBay Insights podcast to update us on the latest economic data, US-China relations and the upcoming US elections. We asked David: Since we last spoke there has been a raft of economic data. What does it tell us about the outlook for the global economy? In the second quarter, the UK economy contracted more than any other major economy – what’s the outlook for the UK?...

David Riley joins us on the BlueBay Insights podcast to update us on the latest quarterly GDP figures from the US. We asked David: A theme that has emerged in markets is the weakness of the US dollar. Are we entering a dollar bear market? You mentioned the rise in the gold price and worries about central banks debasing currencies with money printing. What are the implications for fixed income inve...

David Riley joins us on the BlueBay Insights podcast to talk about fiscal stimulus, the Fed, and yield curve control. We asked David: What’s your view on the agreement by EU leaders on a new European Recovery fund? Is the package big enough to support the recovery in the EU economy?  You mentioned US fiscal stimulus. Congress is debating another budget package. What is the latest and what do you e...

Polina Kurdyavko joins us on the BlueBay Insights podcast to share her perspectives on Emerging Markets. We asked Polina: Over the past weekend the Ecuadorian government reached an agreement in principle with a major group of private bondholders which included BlueBay. How does this negotiation compare with previous restructuring talks that you have been involved in? Do you expect the sovereign de...

David Riley joins us on the BlueBay Insights podcast to talk about the latest jobs data from the US and the likelihood of a V shaped recovery. We asked David: There has been a lot of focus on the recent upturn in the number of COVID infections in the US.  Are investors right to be concerned or are these worries exaggerated? What are the implications for the US economy and recovery? You have stress...

Andrzej Skiba joins us on the BlueBay Insights podcast to share his views on credit. We asked Andrzej: We saw a performance reversal during May with the US overtaking Europe – what drove this regional switch? What drove the three-week performance run and why did it end? Fallen angels remain topical – how are you investing here? Are you seeing any immediate cross-over opportunities post-Covid? Lowe...

David Riley joins us on the BlueBay Insights podcast to share his thoughts on the latest macroeconomic data and key themes for the second half of 2020. We asked David: What can investors take from the latest round of macroeconomic data? As we are in the middle of June, what do you think are the key themes for investors in the second half of the year? You mentioned Brexit and as you forecasted, the...

Polina Kurdyavko joins us on the BlueBay Insights podcast to share her perspectives on Emerging Markets. We asked Polina: Emerging market currencies have risen by around 7% relative to the US dollar over the past month. Do you think they are simply rebounding to pre sell-off levels or is this the beginning of a more sustained rally? Emerging market sovereign hard-currency bond issuance is running...

Polina Kurdyavko joins us on the BlueBay Insights podcast to share her perspectives on Emerging Markets . We asked Polina: Emerging market currencies have risen by around 7% relative to the US dollar over the past month. Do you think they are simply rebounding to pre sell-off levels or is this the beginning of a more sustained rally?  Emerging market sovereign hard-currency bond issuance is runnin...

David Riley joins us on the BlueBay Insights podcast to share his thoughts on the current market outlook and latest moves by the Fed to provide liquidity. We asked David: What did we learn from the latest meeting of the Fed’s monetary policy committee? What do you think are the downside risks to the economic and market outlook? Last week we talked a little about recent market developments. What ha...

David Riley joins us on the BlueBay Insights podcast to discuss the rebound in financial markets and to explain the ECB’s latest policy support. We asked David:  There has been a meaningful rebound in many financial markets since March. What do you think will be the drivers for markets over the next few months? You remarked that the European Central Bank recently announced further policy support....

Marc Stacey joins us on the BlueBay Insights podcast to share his views on the current market. Can you explain what national champion banks  are, how they influence the economy and their importance to investors? In your view, will only the nation champions likely make it through this crisis, or are you finding other attractive bank holdings through bottom-up issuer selection? Banks were deemed vil...

David Riley joins us on the BlueBay Insights podcast to discuss market volatility, the European recovery fund and the outlook for UK assets. We asked David: There has recently been a pick-up in market volatility. What are investors reacting to? You mentioned the Franco-German proposal for the European recovery fund. Can you tell us a more about its significance? Staying in Europe, Brexit appears t...

David Riley joins us on the BlueBay Insights podcast to share his thoughts on the market implications of relaxing lockdowns. We asked David: What is your current thinking on easing of restrictions and the resulting market consequences? A feature of credit markets, especially in investment grade, is a surge in bond supply. Why and what are the implications? You mentioned that central banks will hav...

Polina Kurdyavko joins us on the BlueBay Insights podcast to share her perspectives on Emerging Markets. We asked Polina: Are there any price dislocations from an Emerging Market Debt perspective that have surprised you? Over the last few weeks we have seen plenty of new issuance from Emerging Market Sovereigns. Do you expect corporates to follow in the coming weeks? How do you expect the recent d...

David Riley joins us on the BlueBay Insights podcast to recap news from the central banks. We asked David: What are the key takeaways from recent Central Bank meetings? Should investors be worried by inflation? Are rising government debt levels a cause for concern?

Andrzej Skiba joins us on the BlueBay Insights podcast to recap recent market events and share his views on credit. We asked Andrzej: What were the highlights and lowlights in April? What drove the three-week performance run and why did it end? Were the latest central bank actions positive? What are the differences between the US and Europe in terms of issuance? How are energy companies coping in...

Chief Investment Officer Mark Dowding provides his views on the last two weeks, black swan events, what hasn’t changed and where we go from here. We asked Mark: What’s changed in the last two weeks (since your last podcast)? Looking at the rest of the Q2, what do you think we will see? And more long term?

David Riley joins us on the BlueBay Insights podcast to discuss his new paper on the path to recovery as well as share his thoughts on oil prices and EU fiscal unity. We asked David: What happened to the price of oil this week and what is the impact? What were some of the takeaways from your new note on the path to recovery? Could the EU unravel without a more united fiscal stance?

David Riley joins us on the BlueBay Insights podcast to explain the significance of the recent Fed measures. We asked David:  What is the significance of the Fed measures? Will the rally in risk assets continue?  What do you think the path of the economic recovery will be?  What is the outlook for emerging markets?