MetLife Investment Management -

Investment Grade Corporate: Market Review and Outlook

Overall, the first quarter of 2021 has exhibited stark changes in the landscape for fixed income investors. We believe from a fundamental perspective, pandemic depressed earnings and record issuance has left investment corporate balance sheets over-levered for their ratings with debt ratios more than a full turn higher than pre-pandemic highs. And while we feel technicals remain supportive of investment grade corporate spreads, valuations remain less compelling. Learn more in our latest investment grade corporate outlook.

 

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With more than 150 years of heritage, we deliver stability, disciplined risk oversight, and aligned investment strategies purpose-built for insurers. Our conviction-led, specialized teams span public and private markets, targeting dependable income and long-term total return. Recognized by Pensions & Investments as one of the world's Top 10 third-party insurance asset managers, we combine scale and expertise to help insurers address increasingly complex investment challenges. From strategic asset allocation to innovative, capital-efficient portfolio construction, our dedicated insurance specialists design solutions around each insurer’s unique objectives. Backed by on-the-ground expertise in 19 countries, we navigate regulatory and capital constraints with confidence across life, health, P&C and reinsurance.
 

MetLife Investment Management
One MetLife Way
Whippany, NJ 07981
 

Madhavi Chugh, CFA
Global Co-Head of Insurance Solutions 
madhavi.chugh@metlife.com
(609) 216-6691

Jeannine Heal, CFA
Global Co-Head of Insurance Solutions 
jeannine.heal@pinebridge.com
(732) 778-4734
 

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