Market Is Constructive Global Trends: Since the start of the year, markets have priced in further rate hikes by the Fed on the back of stronger economic and stickier inflation data. This has led to a recent increase in volatility as measured by the MOVE index, which tracks the volatility of US rates markets. We […]
Marathon’s Distressed & Dislocated Credit Outlook – Jason Friedman
Marathon Asset Management believes we are entering the largest-ever global opportunity set within distressed and dislocated credit. Listen in to hear Jason Friedman, Partner & Global Head of Business Development, share his views as to why.
Marathon’s Private Asset-Based Lending Outlook – Ed Cong
Marathon Asset Management’s Edward Cong, Principal & Structured Credit PM, touches on the scale and opportunity set within the Private Asset-Based Lending market. This frequently under-allocated sector within private credit concentrates on investments with robust hard-asset coverage ratios and strong cash flows, while offering an ability to extract additional return premia through customized sourcing and […]
Marathon’s Liquid Structured Credit Outlook – Ed Cong
Marathon Asset Management’s Edward Cong, Principal & Structured Credit PM, discusses how liquid structured credit securities can be utilized as an accretive diversifier for fixed income portfolios due to their historically attractive yields, hard asset and structural protections, as well as short duration.
Marathon’s Emerging Markets Outlook – Andrew Szmulewicz
Marathon Asset Management’s Andrew Szmulewicz, Senior EM Portfolio Manager, discusses the tailwinds present within Emerging Markets and the ripe opportunity set in 2023 and beyond.
Richards says it’s Goldilocks for Credit. Who are his 3 Bears?
Marathon Asset Management Chair and CEO Bruce Richards discusses the outlook for Federal Reserve monetary policy and the credit market. Speaking with Alix Steel and Guy Johnson on “Bloomberg Markets,” Richards also says he thinks the US will see a slowdown in economic activity.
Marathon’s CLO & Leveraged Loan Outlook – Karen Lau
Marathon Asset Management’s Karen Lau, CLO & Leveraged Loan Portfolio Manager, touches on the value proposition in the loan market in the face of inflation, the new rate regime, and corporate earning uncertainty.
Marathon’s High Yield Bond Outlook
Marathon’s Michael Schlembach, High Yield & Multi-Asset Portfolio Manager, discusses the opportunity set in high yield, where discounted bond prices and a favorable quality mix, combined with fundamental sector and credit selection, could provide for a strong risk-reward opportunity in the asset class. Stay Tuned over the coming weeks as Marathon Asset Management’s Portfolio Managers […]
Marathon’s Inaugural Aircraft Securitization awarded The Airline Economics European and Global Aviation 100 Award for “Capital Markets Deal of the Year”
The Airline Economics European and Global Aviation 100 Award for “Capital Markets Deal of the Year” was awarded to Marathon’s inaugural aircraft securitization, MAST 2022-1, which was the first aircraft ABS issued since June 2022. Marathon’s dedicated aviation team sourced, acquired, and asset managed the pool of 15 Airbus and Boeing aircraft leased to global […]
Marathon Asset CEO Richards on Fed, Recession, Twitter
Marathon Asset Management CEO Bruce Richards shares his take on Bloomberg shortly after the FOMC’s 50bps announcement regarding the Fed’s path, inflation, GDP, and his 2023 investing playbook.
Marathon Asset Management Closes Inaugural Aircraft Securitization
Marathon Asset Management is excited to announce the closing of our inaugural aircraft securitization. Marathon Aviation Finance Securitization (MAST 2022-1) is the first aircraft ABS to be issued since June 2022. A true testament to the quality of team Marathon in sourcing, underwriting, acquiring, and asset managing this pool of 15 Airbus and Boeing aircrafts […]
Marathon’s 2023-2024 Whitepaper for Global Credit
Please find Marathon’s Whitepaper on the 2023-2024 Credit Cycle at the link below.
Marathon Asset Management CEO, Bruce Richards, discusses why we are entering the Golden Era for Credit
Marathon Asset Management CEO Bruce Richards discusses the outlook for Federal Reserve monetary policy, defaults and the credit market with Alix Steel and Guy Johnson on “Bloomberg Markets.”
Marathon Asset’s Bruce Richards Expects to Be Bear Until 2024 as Profits Sag – Bloomberg
Bruce Richards, Chairman and CEO of Marathon Asset Management, anticipates distressed debt managers will be very active again with the impending decline in earnings leading to an increased number of non-investment grade corporate loan defaults.
Equity and credit markets are underpricing recession, says Bruce Richards, Marathon Asset Management
Marathon’s Founder and CEO Bruce Richards joined Sara Eisen at CNBC TV today, live from the floor of the New York Stock Exchange, to talk inflation, its impact on the markets, and where he’s seeing opportunities in credit.
Marathon Asset Management Appoints Karen Lau as Senior Portfolio Manager
Marathon Asset Management is thrilled to welcome Karen Lau, Senior Portfolio Manager in our CLO business, who will make invaluable contributions to our firm and clients in the many years to come!
Bruce Richards on Bloomberg Calls for Mild Recession, Series of Downgrades, and Weaker Corporate Earnings
Marathon Asset Management CEO Bruce Richards discusses Federal Reserve policy and its impact on inflation, outlook for the US economy, and investment strategy on “Bloomberg Markets.” (Source: Bloomberg)
Bloomberg Intelligence Podcast
Marathon Asset Management’s Bruce Richards shares his distressed market views with Bloomberg News distressed debt reporter Eliza Ronalds-Hannon (6:30)
Marathon’s Richards on Inflation, Fed Policy, Strategy
Marathon Asset Management CEO Bruce Richards discusses the impact of inflation on US consumer spending, Federal Reserve policy, and investment strategy on “Bloomberg Markets.”
Reuters Global Markets Forum: Q&A with Bruce Richards, Marathon Asset Management
Marathon Asset Management CEO discusses asset-based lending and private equity, which are eying a strong year as tight financial conditions and a recession loom.
Marathon’s Richards on Fed Policy, Russia, China Stocks
Marathon Asset Management CEO Bruce Richards discusses his forecast for Federal Reserve monetary policy, global financial markets and his investment strategy.
Marathon’s Richards on Powell, Defaults and Evergrande
Marathon Asset Management Chairman and CEO Bruce Richards says Federal Reserve Chair Jerome Powell should be renominated and discusses his investment strategy, including what he sees as opportunities stemming from embattled real estate developer China Evergrande Group.
Marathon Asset Management closes $100 million Senior Secured Bonds Financing to Foraco International
Marathon Asset Management today announced the closing of a $100 million senior secured bonds financing to Foraco International SA, a leading global provider of mineral drilling services.
Fireside Chat with J.P. Morgan, Sponsored by Marathon’s Diversity and Inclusion Council
Marathon’s Director and Sovereign Strategist, Ana Jelenkovic, interviews J.P. Morgan’s Joyce Chang, Chair of Global Research, and Luis Oganes, Head of Currencies, Emerging Markets and Commodities.
Marathon Asset Management leads $155 Million Credit Facility to Avenger Flight Group
Marathon Asset Management LP today announced the closing of a $155 million senior credit facility to Avenger Flight Group LLC, a leading independent provider of enterprise flight training solutions to aviation clients worldwide.
Healogics and Marathon Asset Management Announce Closing of $165 Million Preferred Equity Investment
Healogics, LLC, the largest outsourced operator of wound care centers in hospitals in the U.S., announced today the closing of a $165 million preferred equity investment from Marathon Asset Management.
Fireside Chat with Deutsche Bank’s Tiina Lee Sponsored by Marathon’s Diversity & Inclusion Council
Marathon’s Managing Director of IR, Lakshmi Kapoor, interviews Tiina Lee, Deutsche Bank’s CEO of UK & Ireland.
Marathon’s Richards Sees Opportunity in Distressed Assets
Marathon Asset Management Co-founder and Chief Executive Officer Bruce Richards still sees opportunities in health care, hospitality, travel, airlines and real estate. “You want to ride this horse, the credit horse,” he said on “Bloomberg Markets.”
Marathon CEO Expects Bankruptcy Surge, Favors Hotels Over Retail
Marathon Asset Management Chairman and Chief Executive Officer Bruce Richards talks with Bloomberg’s Vonnie Quinn. Richards expects bankruptcies and ratings downgrades to continue at a rapid pace as the fallout from the pandemic continues. He sees post-Covid bankruptcies increasing fourfold to total debt outstanding of $400 billion, from about $100 billion now.
This Is the Greatest Dislocation in Credit Since 2008: Bruce Richards
Bruce Richards, Marathon Asset Management’s chairman and chief executive officer, talks about stress in credit markets, how a federal stimulus bill could impact the market and Federal Reserve monetary policy. He speaks during an interview with Bloomberg’s Vonnie Quinn on “Bloomberg Markets.” (Source: Bloomberg)