Fixed Income – Page 9
-
Special ReportSustainable fixed income products gain ground
Institutional investor exposure to sustainable investment products has declined in recent months as macroeconomic developments have driven a shift back into fixed income products.
-
Special ReportFocus returns to fixed income ETFs
Fixed income is back, baby! In the seven months to the end of July 2023, flows into European-domiciled fixed income exchange-traded funds were €39bn compared with €14bn for the same period last year, according to Morningstar.
-
FeaturesFixed income, rates & currency: Lean times to follow good summer?
The macro-economic news in the third quarter has been good, with better growth than expected and better inflation data than feared. In the final few months of the year, however, markets may have to deal with the potential for some softer economic news and possibly more negative inflation data, and not just from seasonal factors.
-
Asset Class ReportsRoom for more GSS bonds in emerging markets
The market has already broken new ground, but there’s hope for more innovation, say experts
-
Asset Class ReportsLocal currency emerging market bonds are back in the spotlight
Partly thanks to the weakening of the US dollar, local currency emerging market sovereigns are now offering healthy yields, and should continue to perform well
-
Special ReportBonds are back and aligned with a greener future
Bonds are back in vogue and, of the current fixed income opportunities available, we believe euro-denominated investment-grade credit offers one of the most compelling risk/reward profiles.
-
FeaturesInversion anxiety: what’s up with yield curves in 2023
For over half a century, each time the spread between US 10-year and three-month yields turned negative, indicating an inverted yield curve, a recession followed, sooner or later. In 2023, the yield curve has been more than just a little inverted.
-
NewsSwiss pension funds increase equity, cut real estate investments
Schemes will likely continue to anchor Swiss and foreign real estate to investment strategies
-
NewsGreen bonds ‘disproportionately popular’ among pension funds – study
Pension funds also display lower price elasticity than other investors when it comes to green bonds
-
NewsESG roundup: ICMA releases guidance on blue-themes bonds
Plus: CA100+ publishes first net zero standards for mining industry; Fidelity International expands sustainable fund range
-
NewsSweden’s AP3 generates 5.5% in H1 after holding tight to strategy
Listed equities’ surge almost entirely responsible for buffer fund’s positive return for January to June
-
FeaturesFixed income, rates & currency: Uncertainty persists
As the major central banks in developed markets reach, or at least near, the end of their hiking cycles, markets, rather than identifying when policy rates will peak, focus is now on the conundrum of just how long these policy peaks will be maintained.
-
FeaturesIPE Quest Expectations Indicator: September 2023
US officials are talking up the Ukrainian advance towards Melitopol, a sign that all is not well. Contrary to expectations, the biggest problem is not the Russian air force, but land mines. Trump’s legal problems are as worrisome as his inexplicable lead among Republicans. US abstinence in the struggle against climate change is a potential cause for a major trade war as the EU realises it must expand its regulations on importing ‘dirty’ products to prevent a free rider problem undermining its climate efforts. In the UK, Labour’s lead over the Conservatives remains crushing, making it difficult to claim the government has a popular mandate.
-
FeaturesHow the AT1 bond market shrugged off the Credit Suisse debacle
On a late Monday evening in August, the Italian right-wing government unexpectedly announced a new 40% tax on banks’ ‘windfall’ profits derived by the higher lending rates. Shares in Italian banks tumbled, banking executives cried foul, and analysts poured scorn over the measure. The government, which was hoping to raise up to €3bn to help families and small businesses, backtracked shortly after, scaling back the tax.
-
NewsIlliquids balance blamed, as ATP loses most of Q1 gains
‘Always thinking about alternatives-liquids balance’, says Danish statutory pension fund CEO on asset mix of geared investment portfolio
-
NewsDACH roundup: German portfolio managers lose ground
Plus: Swiss scheme to increase bond investments; BaFin strips asset management licence fom Adrealis; German pension dashboard adds three providers
-
NewsVarma trounced by rival Ilmarinen in first half
Finnish pensions heavyweight reports 2.6% return in first half
-
NewsBASF Pensionskasse tweaks allocation, increasing bonds and private equity
The scheme made new investments in its three bond funds totalling €438m
-
NewsAP1 nudges equities allocation, duration higher in first half
Swedish national pension fund produces 6.6% January-June investment return despite 7% loss on property holdings
-
NewsGermany’s BVV to boost bond investments
The pension fund is also planning to slightly increase allocations to infrastructure by 0.7% this year
