Crunching credit podcast – August 2025

In our latest Crunching credit podcast we look at interesting company stories the team have uncovered across diverse sectors around the world including energy, footwear and medicine. As well as the latest on a staple of the British high street, Boots.

We also analyse how new issuance has developed over the year and how default rates have been moving higher.

Stephen Tapley, Senior Fund Manager, discusses these points and more with Ewan McAlpine, Investment Director, as they look at some of the key themes impacting global credit markets.

Recorded: 20 August 2025
Duration: 10 mins

The value of investments and the income from them may go down as well as up and is not guaranteed. Investors may not get back the amount invested. The views expressed are those of the speaker at the date of publication unless otherwise indicated, which are subject to change, and is not investment advice.