September 30, 2025 ⢠1 min read
Full Discretion Team Quarterly Credit Update
- Alpha Engine Perspectives
- Full Discretion

Third Quarter 2025
We believe the US economy continues to be in the late cycle phase of the credit cycle. Growth appeared to be marginally improving in the US. We do not anticipate a recession at this time, rather, our base case calls for trend-like growth.
Meet the Author
Featured Insights
Alpha Engine Perspectives
November 1, 2025ā¢12 min read
Extra Credit
When it comes to assessing value across various fixed income credit markets, we believe the big picture is essential. For[…]
Alpha Engine Perspectives
September 30, 2025ā¢1 min read
Loomis Sayles Strategic Alpha: A Low Volatility Multisector Approach
We believe a flexible, benchmark-agnostic fixed income strategy targeting 4-6% volatility can offer investors the ability to seek strong risk-adjusted[…]
Alpha Engine Perspectives
September 30, 2025ā¢1 min read
Loomis Sayles Core Plus Full Discretion: A Differentiated Approach
After an extended period of low interest rates, the yield reset in 2022 has investors re-thinking their approach to ācoreā[…]
