Credit market update with Campe Goodman

In this video, Investment Director Paul Skinner speaks with Portfolio Manager Campe Goodman about how the energy shock has been affecting credit markets.

Amid heightened market volatility, spreads have widened – narrowing somewhat since March but remaining wider than pre-conflict levels. From Campe's perspective, this is not necessarily all bad, especially for active investors. Volatility can create market dislocations, potentially opening up pockets of value in certain sectors.

That said, there are of course risks: the conflict could remain persistent, energy prices could remain high and inflation could accelerate further – while these remain important considerations, for now, this isn't Campe's base case.