Erste Asset Management Investment Blog

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Article on tag "investment grade"

The Rise of the Fallen Angels
The Rise of the Fallen Angels
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The Rise of the Fallen Angels

Rating agencies assess the creditworthiness of companies and thus play an important role in the financial market. They were also in the spotlight at the beginning of the corona pandemic, with many companies being downgraded as a result of the crisis. In the meantime, the pandemic has been overcome and some of the so-called “Fallen Angels” are once again in a much better position with regard to their creditworthiness and rating.