Fixed Income – Page 10
-
FeaturesA bumper year for convertible bond issuance
The convertible bond market ended 2023 on a strong note with its main index – the Refinitiv Global Focus – returning 6% in the fourth quarter. The optimism has continued into 2024 on the back of reasonable valuations, historically low equity volatility and better opportunites.
-
FeaturesContrasting global economic growth fortunes
Economic growth patterns across the world paint a picture of contrasts, ranging from surprisingly robust in the US to soft and struggling in China, with the stagnant euro area narrowly avoiding a technical recession after posting zero GDP growth in the fourth quarter of 2023, following a 0.1% decline the previous quarter.
-
FeaturesSecuritised credit keeps on shining
For a market with a difficult past, some could even say an image-problem, securitised credit has been performing remarkably well in recent years.
-
NewsLGPS Central seeks sterling investment grade credit manager via IPE Quest
The UK investment pool is expected to funded the mandate in mid-2024 with a total value of around £600m
-
NewsBVV to assess climate impact of sovereign bonds portfolio
The scheme uses the X-Degree-Compatibility (XDC) model by climate tech company Right
-
NewsAon invests in AXA IM’s carbon transition short duration bond fund
The new fund will provide investors with strong downside mitigation and ‘natural’ portfolio liquidity, says AXA IM
-
Opinion PiecesCorporate pensions: a close eye on yields in 2024
The final two months of 2023 saw a return to form for global fixed income and equities, with respectable single and double-digit numbers in each case. After a false start in early 2023, at least for a multitude of asset forecasters, bonds were finally back in the final months of last year.
-
FeaturesIPE Quest Expectations Indicator - February 2024
IPE’s monthly poll of market sentiment, asking 50 asset managers about their six to 12-month views on regional equities, global bonds and currency pairs
-
FeaturesConflict and elections set to dominate the investor landscape
Middle Eastern tensions are running high, with violence flaring up across the wider region. Combined with the ongoing attritional destruction in Ukraine, this is impacting world trade, and it seems certain that international conflict will continue to be a source of great concern in 2024.
-
NewsGerman Versorgungswerke rethink alternative strategies
Professional pension funds invest €20bn per year and manage assets worth €270bn, investing 40% of total assets in alternatives
-
NewsInarcassa grows AUM to over €14bn as bonds, equities rebound
The pension fund for self-employed engineers and architects in Italy recorded a gross operating result of approximately 7.7% last year
-
NewsTime for different rules for legacy DB pensions, says Norway funds lobby
Drevsjø: ‘Is the goal to protect the paid-up policy or the shareholder in the life insurance company?’
-
NewsPKBS adjusts investment policy to navigate interest rate volatility
To fend off interest rate volatility, PKBS cut the strategic quota it held in bonds
-
![Abaslon team[63]](https://d3ese01zxankcs.cloudfront.net/Pictures/100x67/9/3/6/147936_abaslonteam63_496565.jpg)
NewsImpax to acquire fixed income assets, team from Absalon
Absalon has around €405m in global high yield and emerging market corporate debt assets
-
NewsAustrian provident funds increase allocation to bonds, equities
FMA’s report also showed that the pension schemes reduced their allocation to real estate
-
FeaturesIPE Quest Expectations Indicator - January 2024
It is safe to predict that 2024 will be a year of desperate campaigning. Political surprises in the US and UK are possible and, this time, they do make a difference to markets
-
InterviewsInvestors poised to raise fixed-income allocations
European institutions discuss their strategies for fixed income, which is finally attracting capital as central banks reach the end of the hiking cycle
-
FeaturesWill delayed economic bad news hit the market this year?
Global economic growth was below potential in 2023, but still markedly stronger than the forecasts had been indicating at the start of the year, with the US leading the way and even the likes of Europe and the UK, though hardly stellar performers, posting better than expected economic activity.
-
InterviewsBarings: A bond investor for changing times
Martin Horne is the new global head of public assets at Barings bond investor, but he is a bond guy through and through.
-
Asset Class ReportsFixed income: Investors put weight behind bond markets
Exposure to bonds is rising at the fastest rate since the financial crisis, as investors focus on high-quality paper and the shorter end of the yield curve
