Asymmetric

In this latest podcast, Loic Fery, Chief Executive and Co-Chief Investment Officer, Chenavari Investment Managers, shares his insights on how the firm seeks out asymmetric investment opportunities across Europe. We discuss investments in Ireland, Spain, Germany, how the current macro environment is influencing deal flow, and how the team sources credit opportunities for its three main strategies spanning Corporate Credit, Real Assets and Consumer Credit.Here are the links to the news items referred to on the podcast:1https://www.irishtimes.com/business/financial-services/dilosk-s-ics-mortgages-hit-target-beating-530m-1.4793077  2https://www.prnewswire.co.uk/news-releases/sequra-closes-an-agreement-with-chenavari-for-a-debt-facility-of-up-to-200-million-euros-805890525.html3https://www.chenavari.com/assets/Uploads/344c7045b6/auxmoney-secures-250M-investment-into-its-loans-8-April-2021-v2.pdf4https://www.lw.com/thoughtLeadership/five-direct-lending-trends-2022-private-debt-investor

Here are the links to the articles referenced in my discussion with Heeten Doshi, Founder of Doshi Capital Management:1)  Where have all the workers gone? | LinkedIn2) https://www.cnbc.com/amp/2022/04/01/us-bonds-treasury-yields-invert-stoking-recession-fears.html3) https://www.investmentweek.co.uk/news/4047638/bond-market-hangover-investors-ignore-noise4) https://www.bloomberg.com/news/articles/2022-03-31/goldman-s-oppenheimer-sees-u-s-stock-rally-running-out-of-steam5) Markets Analysis: Morgan Stanley's Wilson Says Bear Market Rally Is Now Over - Bloomberg

Lot's of interesting insights from Alyx Wood on UK equities, including Kernow's own version of Desert Island Discs!For reference, here is the link to the Schroders research piece I refer to on why UK equities are attractive both from a value perspective and a free cash flow perspective: https://www.schroders.com/en/uk/adviser/insights/markets/qa-are-investors-right-to-have-jitters-about-uk-shares/