Insights by Elaine Zaharis-Nikas, CFA

Yields, regulations reinforce a positive preferred securities outlook

Yields, regulations reinforce a positive preferred securities outlook

November 2023 | 23 mins

We see scope for good relative performance, given appealing valuations and structures that can benefit from high interest rates. Solid issuer fundamentals today and tighter bank regulations to come may provide a credit tailwind.

Preferred securities: Resetting for a new cycle

Preferred securities: Resetting for a new cycle

June 2023 | 25 mins

Recent bank turbulence and the end of the Fed’s rate-hiking cycle create what we believe may be an exceptional buying opportunity for preferreds.

Unlocking value: What end of rate hikes may mean for preferreds

December 2022 | 19 mins

With inflation peaking and recession looming, we anticipate a strong vintage year for fixed income—with declining rates potentially leading to outsized returns and high tax-advantaged income from preferred securities.