Technical and fundamental conditions in senior Loan market remain favourable in 2012, according to Dan Norman, Senior Loan Group Head, ING Investment Management.
Technicals remain reasonably healthy and over supply is not likely to pose a problem.
Norman's wisdom suggests that while this environment is causing a certain wariness, current conditions in the loan market are favourable. “However, we continue to guard our optimism due to certain concerns,” he says. “As to technicals, barring a wave of contagion, we’d expect demand to stay reasonably healthy, if not slightly skewed to the institutional side of the scale.”