by wp-admin | Apr 15, 2025 | Analysis & Performance, EUR, News
Sentiment was weaker in March, as the trade war continued to be in focus with markets awaiting the 2 April tariff announcements. Equity markets, particularly in the US, were significantly affected by the potential tariffs. This was less the case for the bond market, although credit spreads did widen during the month.
by wp-admin | Mar 15, 2025 | Analysis & Performance, EUR, News
Sentiment was mixed in February, as credit spreads in general finished the month at relatively similar levels. Following the postponement of the Canada and Mexico tariffs proposed by President Trump, spreads tightened during the first part of the month. However, spreads subsequently widened as geopolitical tensions, notably related to tariffs, weighed on markets.
by wp-admin | Feb 14, 2025 | Analysis & Performance, EUR, News
Subordinated debt markets were strong in January despite volatility in interest rates. Strong US employment numbers initially put pressure on interest rates.
by wp-admin | Dec 30, 2024 | Analysis & Performance, EUR, News
Subordinated debt markets were fairly strong in December, despite a large rise in interest rates on both sides of the pond.
by wp-admin | Dec 18, 2024 | Analysis & Performance, EUR, News
In October the fund showed resilience during a weak month for fixed income, as interest rates were rising. This was notably the case in the US, where strong economic data, combined with the fixed income market pricing in a Donald Trump win, meant that interest rates, as measured by the 10-year US Treasury bond yield, moved up by circa 50 basis points (bps).
by Atlanti | Nov 11, 2024 | Analysis & Performance, EUR, News
In October the fund showed resilience during a weak month for fixed income, as interest rates were rising. This was notably the case in the US, where strong economic data, combined with the fixed income market pricing in a Donald Trump win, meant that interest rates, as measured by the 10-year US Treasury bond yield, moved up by circa 50 basis points (bps).