More highly indebted companies will slip into distress as the US economy slows and earnings suffer, according to Aegon Asset Management. “I am bracing for a little more trouble ahead,” Jim Schaeffer, the $380 billion manager’s global head of leveraged finance, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Julie Hung in the latest Credit Edge podcast. “We’re starting to see more and more companies just hitting a wall,” he adds. They also discuss the third-quarter earnings outlook, opportunities in structured finance, how to invest in the debt of beer and food companies, as well as private credit hazards.

<p>More highly indebted companies will slip into distress as the US economy slows and earnings suffer, according to Aegon Asset Management. &ldquo;I am bracing for a little more trouble ahead,&rdquo; Jim Schaeffer, the $380 billion manager&rsquo;s global head of leveraged finance, tells Bloomberg News&rsquo; James Crombie and Bloomberg Intelligence&rsquo;s Julie Hung in the latest Credit Edge podcast. &ldquo;We&rsquo;re starting to see more and more companies just hitting a wall,&rdquo; he adds. They also discuss the third-quarter earnings outlook, opportunities in structured finance, how to invest in the debt of beer and food companies, as well as private credit hazards.</p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

The Credit Edge by Bloomberg Intelligence

Aegon Is Worried About Junk-Debt Blowups

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/aa4b696c-a184-4731-a135-b37101435bc4/transcript

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