Monthly Commentary – January 2023 EUR

Monthly Commentary – January 2023 EUR

January was a strong month for risk assets. Spreads on our securities tightened and government bond rates fell during the month, therefore prices on our securities benefitted strongly. All of this was related to the expectations of a softer monetary policy from most major central banks.

Monthly Commentary – January 2023 GBP

Monthly Commentary – January 2023 GBP

 January was a strong month for risk assets. Spreads on our securities tightened and government bond rates fell during the month, therefore prices on our securities benefitted strongly. All of this was related to the expectations of a softer monetary policy from most major central banks.

Monthly Commentary – January 2023 USD

Monthly Commentary – December 2022 USD

Risk assets continued performing strongly in November, especially following the lower-than-expected US CPI, signalling the potential for the beginning of a Federal Reserve (Fed) pivot. Moreover, some relatively dovish comments following the European Central Bank (ECB) meeting also contributed to the positive sentiment. Subordinated debt prices benefited during the month.

Monthly Commentary – January 2023 EUR

Monthly Commentary – December 2022 EUR

Risk assets continued performing strongly in November, especially following the lower-than-expected US CPI, signalling the potential for the beginning of a Federal Reserve (Fed) pivot. Moreover, some relatively dovish comments following the European Central Bank (ECB) meeting also contributed to the positive sentiment. Subordinated debt prices benefited during the month.

  • The Valuation date: December 17, 2024
    serieAsOFDateFKFundNameISINMTDMTDYTDYTDSISI
    120,241,217GAM Sustainable Climate Bond fundIE000BSJBO140.140.00140.06386.38-0.0110-1.10
    220,241,217GAM Star Crdt Ops EUR InvIE00B50JD3540.460.00460.120612.060.669866.98
    320,241,217GAM Star Crdt Ops GBP InvIE00B510J1730.310.00310.100810.080.942494.24
    420,241,217GAM Star Crdt Ops USD InvIE00B57693100.330.00330.101210.120.856985.69
    520,241,217GAM Interest Trend IncIE00BYM4P9130.830.00830.104610.460.392239.22

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