In the 12 months since Donald Trump was elected US president, stockmarkets have hit record highs. Will the rally continue?
Markets remain firmly focused on positive macroeconomic fundamentals and the longe-term investment implications of a low-rate, low-inflation environment. A few events could throw the market bulls off course, including a material shift higher in developed market sovereign bond yields.
The latest quarterly view on the fixed income environment and outlook from senior members of the Janus Henderson Fundamental Fixed Income Team.
Can equities sustain their stellar run in view of the coming reduction in central bank liquidity, geopolitical tensions, currency moves and stretched valuations? Have a look at the markets.
Fixed-Income-Anleger sollten ihren Blick auf Hochzins- und Schwellenländeranleihen sowie Alternative Credit lenken, um für steigende Zinsen gewappnet zu sein, wenn sich die Geldpolitik in der westlichen Welt normalisiert.
The Goldilocks scenario continues for spread products. Emerging market debt remains attractive on a risk-adjusted basis in the current environment.
After a rapid rise in yields at the end of June and early July, government bond markets are in calmer water again – at least for now. The US-German 10-year yield spread has declined significantly this year, to a large extent due to fears of ECB tapering.
Der weltgrößte Fondsanbieter für Bond-Fonds, die kalifornische Pacific Investment Management Company, hat die Wende vollzogen: Durch Mittelzuflüsse in Höhe von 27 Milliarden Euro steigt Pimco zum bestverkaufenden Fondsanbieter des ersten Halbjahrs auf.
Emerging market (EM) corporate bonds have produced a strong year-to-date total return of c.11%* with each month, except for January, delivering positive performance. Emerging market investment grade corporate bonds gained 8.2%* over the year while high yield has delivered an impressive 14.4%*. Here we look at the drivers of the gains and explore the future direction of the asset class.
Bent Lystbæk, Portfoliomanager des Fonds Danske Invest Emerging Markets Debt Hard Currency, erläutert, warum Schwellenländeranleihen eine interessante Option sind.
