Many survey participants in the newest IACPM Credit Outlook Survey believe the euphoria seen in global financial markets the last two months of 2023 was overdone.
Results of IACPM's biennial survey on Principles and Practices in CPM show that the function’s critical role is expanding amid a changing and uncertain economic and geopolitical environment that puts credit risk under heightened scrutiny at all firms.
The IACPM, in recognition of its SRT regulator-investor roundtables, was very pleased to have received an Honourable Mention in the Innovation of the Year category at this year's Structured Credit Investor Capital Relief Trades Awards.
Responding to the latest IACPM Credit Outlook Survey as 10-year US Treasury yields were surging higher and before an unexpectedly strong US employment report was released or war in Israel broke out, participants forecast the worst is yet to come in terms of credit problems.
Financial institutions are launching strategies to capitalize on the opportunities stemming from the low carbon economy transition.
The IACPM has submitted a response letter to Science Based Target Initiative (SBTi) consultations on the initial criteria for financial institutions to set science-based net-zero targets as well as the draft fossil fuel finance position paper.
Respondents to the latest IACPM Credit Outlook Survey overwhelmingly expect global economies to fall into recession either later this year or sometime in 2024.
Respondents to the latest IACPM Credit Outlook Survey point to several major concerns in forecasting continued global credit deterioration and the strong possibility for a recession by the end of the year.
Respondents to the latest IACPM Credit Outlook Survey overwhelmingly forecast rising corporate defaults globally over the next 12 months.
Even as credit conditions have begun to deteriorate globally, the latest IACPM Credit Outlook Survey forecasts even higher defaults and wider credit spreads in the months ahead.