Factor Investing

Low Debt Companies Fare Better in High Interest Rate Times

Portfolio manager Andrew West, CFA, explains how selecting companies with strong balance sheets and low debt safeguard against the potential erosion of the value when interest rates are elevated.

Portrait of Andrew West, Portfolio Manager and Analyst at Harding Loevner.
Andrew West, CFA contributed research and viewpoints to this piece.

Portfolio manager Andrew West, CFA, explains how selecting companies with strong balance sheets and low debt safeguards against the potential erosion of the value when interest rates are elevated. ∎