Asset Class
Structured Products
The research outlook for structured products in 2026 is defined by significant regulatory evolution in Europe and a strategic shift toward yield-enhancing derivatives in a falling rate environment. European securitisation reforms are expected to boost supply by cutting reporting fields by 35% and lowering risk weights, positioning the market as a vital tool for capital relief (SRTs) and SME funding. In the credit space, CLOs remain in high demand with a robust pipeline of refinancings and resets anticipated as billions in notional value exit non-call periods. However, credit selection is paramount as analysts highlight a bifurcated market where 10% of leveraged finance issuers face distress, alongside ongoing monitoring of CMBS delinquency data. To navigate equity volatility, strategists recommend using reverse convertibles to generate coupons and execute 'buy the dip' strategies on themes like AI and Power. These structured solutions offer a defensive alternative to cash, which is expected to underperform as the Federal Reserve targets a 3% rate by 2026.
38 reports available
EU Securitisation Overhaul and Banks' Funding Strategies
The EU is implementing a comprehensive securitisation package to revitalize the market by reducing reporting burdens and lowering capital requirements for banks and insurers. These reforms aim to make securitisation a complementary funding tool alongside covered bonds without causing significant market cannibalization.
CMBS Delinquency Report January 2026
This document is a Trepp CMBS Delinquency Report for January 2026, part of their CMBS Research series.
Transformational Innovation Opportunities: Equity Reverse Convertible Model Portfolios
This report details model portfolios using reverse convertibles to gain exposure to AI, Power & Resources, and Longevity themes while generating income via volatility.
What Should Investors Do With Cash in 2026
UBS advises investors to put excess cash to work as falling rates erode returns. Quality bonds, equity income, and diversified portfolios are preferred alternatives to cash for long-term gains.
Weekly Commentary: Warsh An Excellent Choice for Fed Chair
Professor Jeremy Siegel endorses Kevin Warsh for Fed Chair, arguing that his independent leadership will benefit bond and equity markets. Despite modest tariff-related inflation, Siegel maintains an optimistic outlook supported by solid U.S. growth and potential for further rate cuts.
Leveraged Finance Outlook: The New 90/10 Rule
The 2026 outlook for leveraged finance emphasizes a '90/10 rule' where avoiding the riskiest 10% of issuers is critical to performance. Despite fair valuations, opportunities remain in high yield 'sweet spots' and CLO tranches amid moderating economic growth.