London, 13 February 2023. Robus Capital experts see little consensus in expectations for European high-yield markets in 2023. Performance estimates ranged from -8 percent to +15 percent, compared to a maximum of 2 percent to 3 percent in the past. “Even if a recession in some key European countries can actually be avoided at the last minute, there is still quite a bit of sand in the gears. Supply chains are still not back on track and the energy issue is not off the table either, despite the mild winter. The bottom line could be a positive return of 6-7 percent, but we don’t believe in a return to a linear development like in the past years,” says Mark Hoffmann, portfolio manager at Robus Capital. The full Press Release can be found here.