When the fallen angels fly higher with Syed Zamil from Insight Investment
When a bond is cut from investment grade to high yield, many index-constrained investors have little choice but to sell, and that forced selling tends to push prices below fair value. In this episode, Syed Zamil, senior investment strategist at Insight Investment, explains why these fallen angels have historically delivered stronger returns than broad high yield while carrying a higher average credit quality. He also explains how a systematic, rules-based process can capture that mispricing consistently. [The contents of this podcast are for educational purposes only and should not be perceived as investment advice or recommendation.]
