Spotlight – September 2021

Spotlight – September 2021

Extension Risk – Additional Tier-1 Contingent Convertibles (AT1 CoCos)  Extension risk, or the risk of price declines in AT1s due to a re-pricing to perpetuity, remains very much in focus. The market tends to be inefficient and cyclical when assessing extension...
Spotlight – September 2021

Spotlight – August 2021

Q2 bank results – another positive quarter underpins a strong recovery Banks reported another strong quarter, with most issuers beating consensus estimates. Again, a key driver of the results was very low and even negative loan loss provisions – boosting...
Spotlight – September 2021

Spotlight – July 2021

EBA Stress tests At the end of July, the EBA released the results of its 2021 stress tests. Banks performed very well with an end-point 10% CET1 ratio even after assuming circa EUR 300 billion of credit losses after an already tough 2020. Another positive is that...
Spotlight – September 2021

Spotlight – June 2021

Insurance sector proves its resilience in real life stress test The global health crisis driven by the spread of the Covid-19 has had deep ramifications for companies globally. The insurance sector, both life and non-life, has also been impacted through a number of...
Spotlight – September 2021

Spotlight – May 2021

Improving macro picture provides boost to bank earnings The corporate hybrid market has remained buoyant in 2021, with more than USD 20 billion of new supply. This follows a year of record growth in 2020 for corporate hybrids – a market now estimated at close to USD...
Spotlight – September 2021

Spotlight – April 2021

Improving macro picture provides boost to bank earnings European banks have started the year on a strong footing, releasing earnings that on average handsomely beat analysts’ expectations. Strong earnings were driven by improving macroeconomic scenarios, resilient...
  • The Valuation date: April 15, 2024
    serieAsOFDateFKFund NameISINMTDYTDSIMTDYTDSI
    120,240,411GAM Sustainable Climate Bond fundIE000BSJBO14-0.00310.0099-0.0611-0.310.99-6.11
    220,240,411GAM Star Crdt Ops EUR InvIE00B50JD354-0.00110.05090.5660-0.115.0956.60
    320,240,411GAM Star Crdt Ops GBP InvIE00B510J173-0.00150.03690.8295-0.153.6982.95
    420,240,411GAM Star Crdt Ops USD InvIE00B5769310-0.00130.03400.7435-0.133.4074.35
    520,240,411GAM Interest Trend IncIE00BYM4P913-0.00480.03060.2990-0.483.0629.90

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