Register  
Shenkman Capital now represented Down Under
Tuesday, 3 March 2009 11:20am

Riding the wave of interest in credit investment opportunities, US credit research specialist Shenkman Capital Management now has representation in Australia.

"Credit is clearly a focus for many investors at this time, there is an expectation that credit spreads and yields will not persist at current high levels indefinitely and thus there are likely to be good buying opportunities, particularly amongst the non-investment grade names," said Mark Shenkman, chief investment officer at Shenkman Capital.

Shenkman Capital will be represented in Australia through Clearway Capital Solutions who also act for the US middle market buy-out specialist Constitution Capital Partners.

Shenkman Capital began in 1985 and is an independently owned investment firm that focuses on managing high yield and bank loan portfolios among leveraged companies.

Shenkman said the investment opportunities for credit are because "actual defaults have not yet reflected the rise in yields. The widely anticipated rally may differ from those of the past in that singular pursuit of the highest yields may well not achieve the best outcomes in either a risk or return sense. Disciplined and comprehensive fundamental research will be invaluable in this environment."

Dennis Mothoneos, Clearway Capital managing director, said, "[Shenkman Capital] are a well established and highly regarded US credit firm with significant assets under management, a substantial and stable team, strong performance numbers and an impressive track record of avoiding defaults."

Blogs
Follow the industry experts.
Christopher Page
Christopher Page
Managing Director

Medcraft's appalling speech
I am surprised. More than that, I am astonished, shocked. Last week I was left speechless by the address that the Australian Securities ...read more
 
Benjamin Ong
Benjamin Ong
Chief Economist

Reflation, rotation and the taper
'Tis being my final type (drivel, to some gentle readers) for the year, we'll take a look back at the 2013 that was to seek the lessons ... read more
 
Alex Dunnin
Alex Dunnin
Director of Research & Editorial Services

Women-led companies better for investors
The Australian government end last year released its first Gender Equality Scorecard and while the results are discouraging, a separate ... read more
News Search   
VideoBrought to you by
Great unwindings
Bob believes plunging oil prices may extend the stockmarket rally by a year or two and discusses why investors could expect a volatile few months. Overall, he believes we are entering an era of low returns ... Watch video
Market Thinking - A different way of looking at economies?
First, a confession. Mark may have started his career as an economist but he joins this year's panel not as a chief economist but as the head AXA Framlington Asia. This is to the benefit of the audience ... Watch video
The global and Australian economic outlook
The anchor man of the panel, Saul provides great insights on the domestic economy. And bravely makes the forecast that the Reserve Bank will not cut interest rates this year and that the next move is up ... Watch video
The major economies in 2015
Is the European economy dead in the water? Is faith on Abenomics waning? Why should investors be more optimistic about the US economy this year? Chris Probyn, the Boston-based chief economist of State ... Watch video
The two-speed economy in reverse
James provides a local perspective and explains to the audience why the mining investment boom is an aberration and it is now a 'return to the old normal'. To view James Bond's slides please click ... Watch video
Get it
Daily
FREE to your inbox, get the Financial Standard Daily Email.
Get the Free
iPad app
Download the Financial Standard iPad app for FREE
Industry
Events
MAR
06
MAR
10
Adviser Big Day Out Investment Manager Roadshow-Perth
11
Adviser Big Day Out Investment Manager Roadshow-Adelaide
12
Adviser Big Day Out Investment Manager Roadshow-Melbourne
18
Adviser Big Day Out Investment Manager Roadshow-Brisbane
19
Adviser Big Day Out Investment Manager Roadshow-Sydney
News
Bites

$245 (inc GST) for 1 year
 
 
Copyright © 1992-2015 Rainmaker Group
All material on this site is subject to copyright. All rights reserved. No part of this material may be reproduced, translated, transmitted, framed or stored in a retrieval system for public or private use without the written permission of the publisher.
Link to something 95rYb3aA