Muzinich Podcast: Navigating volatility in European high yield

With a new US administration promising big changes, many investors expected 2025 to be eventful. But as the weeks turn into months, the level of uncertainty and potential economic fallout have perhaps been even greater than anticipated. For investors, this is proving a tricky environment to navigate and there is little sign of that changing soon. In the latest episode of the Muzinich Podcast, portfolio manager Jamie Cane shares his thoughts on how European high yield is holding up, and why investors need to prioritise downside protection in what is likely to be a prolonged period of uncertainty.