BVTV: What’s in store for retail?

Mario Eisenegger   19/03/2018   Comments Off on BVTV: What’s in store for retail?

Toys “R” Us announced last week that it has so far failed to find a buyer or reach a debt restructuring deal, raising the prospect of widespread store closures and job losses. While a rescue package could yet emerge, the future is looking far from rosy for the toy store. M&G fund manager and deputy head of retail fixed interest Stefan Isaacs joined me this morning to discuss prospects for the firm’s high yield bondholders, and share his wider view of the outlook for the retail market.

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.


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About the author, Mario Eisenegger

Years in the bond markets:
2
Specialist subjects:
Economics and corporate bonds
Likes:
Handball, Oasis, FC Basel
Heroes:
Roger Federer, Quentin Tarantino, Spider-Man