1. 00:00 Introduction »
2. 00:31 Performance Summary »
3. 02:10 Barclays Global High Yield 1Q 2015 & 2014 Performance Summary »
4. 03:17 Currency Market Performance »
5. 03:44 Summary of Current Themes & Positioning »
6. 05:23 Fed Passing the Baton to Bank of Japan and European Central Bank »
7. 06:20 We expect Default Rates to Stay Well Anchored Over the Next Several Years »
8. 08:05 Global High Yield Market Trends Remain Positive »
9. 09:47 Recovery Coincident with QE »
10. 10:29 Improving Business Confidence Across Euro Area »
11. 10:51 Lower Eurozone Lending Rates - Spread Compression in Periphery »
12. 11:20 House Prices Appear to Have Bottomed - Starting to Turn Positive »
13. 11:33 European RMBS: Credit Fundamentals Continue to Improve »
14. 11:56 However, Risks Lie Within Energy and Oil Dependent Sovereigns »
15. 12:21 Supply Outpacing Demand »
16. 13:09 Significant Risk For Existing Debtholders to be Subordinated to New Debt Issuance »
17. 13:32 China: Deflationary Trend - Need to Move on Rates »
18. 13:45 Continued Weakness in China Property »
19. 14:20 Given Rise of U.S. Dollar, Hard Currency Emerging Market Issues Have Cheapened »
20. 15:26 Global High Yield Composite Disclosure »
21. 15:31 Global Alternative Credit Composite Disclosure »
22. 15:36 Global Multi-Sector Income Composite Disclosure »
23. 15:41 High Yield Composite Disclosure »
24. 15:46 Appendix 1 - Important Disclosure Information »
Global Credit Webcast: 1st Quarter 2015
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