Over the past five years, a massive $600 billion has funneled into high-grade funds. In our annual look at the issues shaping global credit markets, industry leaders will assess the sustainability of this trend, given that higher bond yields gashed returns for U.S. and E.U. credit investors this year. What are some of the less obvious challenges facing this asset class? Will covenant light loans continue to dominate in 2018? Where are the bright spots?

Moderator
Michael Milken
Chairman, Milken Institute

Speakers
Ilfryn Carstairs
Partner and Co-Chief Investment Officer, Värde Partners

Sir Michael Hintze, AM, GCSG
Founder, Chief Executive and Senior Investment Officer, CQS

David Miller
Global Head of Credit and Head of Global Credit Products, Credit Suisse

Joseph Naggar
Partner, GoldenTree Asset Management

Jim Zelter
Co-President, Apollo Global Management