Extended Viewer

Hamed Faquiryan

Hamed Faquiryan
Fixed Income and Multi-Asset Class Research

About the Contributor

Hamed Faquiryan is a Vice President in the Fixed Income and Multi-Asset Class Research team. He focuses on risk modeling and factor research for credit assets. Hamed previously was a researcher at the Federal Reserve Bank of San Francisco concentrating on financial markets and institutions. He has an M.Sc. in Economics from the Barcelona Graduate School of Economics and a B.A. in Economics/Mathematics and Philosophy from the University of California at Santa Barbara.

HTML Displayer Portlet

Blog posts by Hamed Faquiryan

Extended-lister

Nothing was found.
  1. BLOG

    Are EU corporate bonds all alike? 

    Nov 27, 2019 Hamed Faquiryan

    Learn More

    The integration of the eurozone’s economy may tempt investors to view corporate debt issued by European companies as undifferentiated. On average, this view has seemed correct — but not always durings times of market stress.

  2. BLOG

    Bank loans: Will crisis follow the search for yield? 

    Jun 27, 2019 Hamed Faquiryan

    Learn More

    In the post-2008 search for yield, investors have taken on considerable exposure to leveraged bank loans. We assess whether these loans pose systemic risk in the way subprime mortgages did during the last crisis.

  3. BLOG

    Venezuela and the Specter of Recovery Risk 

    Feb 14, 2019 Hamed Faquiryan , Manuel Rueda

    Learn More

    Venezuela unfortunately finds itself on the verge of political and economic collapse. From the perspective of investors in the country’s sovereign and corporate bonds, recovery risk is now likely a bigger consideration than default risk.

  4. BLOG

    What if credit spreads widen? 

    Aug 21, 2018 Hamed Faquiryan

    Learn More

    Despite robust economic growth in the U.S., market conditions — as defined by tight spreads and high valuations — have wary credit investors on the lookout for trouble as the credit cycle matures. One area of scrutiny is BBB-rated credit, which sits in the middle of the rating hierarchy. Should spreads suddenly widen, investors may want to be prepared for a potential wave of BBB credits cascading into the high-yield market.

  5. BLOG

    What’s driving high-yield spreads? 

    Jun 14, 2018 Hamed Faquiryan

    Learn More

    The recent trend in high-yield market spreads appears to relate more to concern about rising rates than the potential for credit losses. However, investors should be aware that the impressive recent performance of short-dated high yield bonds and floating-rate leveraged loans may be reversed if credit conditions begin to deteriorate.

  6. BLOG

    Leveraged loans: Risks, rewards and investor protections 

    Jan 11, 2018 Hamed Faquiryan

    Learn More

    As central banks continue to keep interest rates at historic lows, many institutional investors have turned to leveraged loans for their attractive yields.

Regulation