RBC BlueBay Insights
RBC BlueBay Insights
RBC BlueBay Asset Management
Unlocking markets: Going where the stress is
16 minutes Posted Sep 18, 2023 at 3:00 pm.
Intro
Easy money has led to too much leverage
A perfect storm of issues for corporates
$3.5 trillion dollars of leveraged high yield
The European real estate market is locked up
The most stressed part of the market is mid-market
Good businesses, wrong cap structure
Focus on smaller situations
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Show notes

Adam Phillips, Managing Director and BlueBay head of developed markets special situations, delves into the unusual challenges corporates and consumers face. Adam also discusses the magnitude of potential defaults and where the opportunities may lie across multiple sectors and countries for special situations.