Fixed Income Credit Research

A team of Senior analysts covering over 250 debt issuers: Investment grade - High Yield - Corporates - Financials – Insurances.
A methodological approach based on expertise and derived from the strength of our Cash equity research team (more than 120 analysts; 1,000 stocks under coverage)

Philosophy

  • Independent research and conflict-free advice
  • A team dedicated to clients: capacity to promptly answer to any demand relative to « Credit » from Clients
  • Event-related news and on-demand « tailor-made » research inquiry. (specific issuer)
  • A regular production of Credit research publication: morning daily and weekly material,
  • Additional products: Daily Credit updates on issuers, Sector review and news-flow treatment (Credit espresso)
  • Regular events dedicated to Fixed Income players : investors (one-to-one meetings, conferences) and issuers roadshows.

Products and Publications

The “Credit espresso” is sent early in the morning. The Credit news-flow (rating downgrades, earnings releases, M&A, etc.) is treated in terms of impacts on credit quality and recommendation on debt issuers we follow.

Credit analysis and updates on specific issuers in a synthetic format. Recommendations are based on fundamental and relative value approaches. Our Credit universe is made up of around 250 debt issuers. A large part of them are followed by Kepler Capital Markets Equity Analysts, benefiting our Credit Analysts.

Research by Sector on specific industry regarding a specific concern (eg banking exposures to peripheral debts, electric utilities’ exposures to nuclear, etc.). Investment recommendations, Pair trade ideas, etc.

A weekly Fixed Income publication which summarizes our view on key events (macro, monetary policies, government bonds). The report details all key indicators necessary to the Fixed Income market monitoring (through graphics, tables, etc.).