What’s happening on the markets? In our Investment View, the experts of our Investment Division regularly provide insights of current market events and their opinion on the various asset classes.
ARTICLES IN THE TOPIC “Bonds”
Global growth is likely to cool significantly in the second quarter. At the same time, recession risks remain uncomfortably high, as Chief Economist Gerhard Winzer writes in his market commentary. The further course of negotiations on the US debt ceiling is also likely to cause tension on the market.
A tale of two volatilities
The volatility of bonds has increased significantly and is clearly higher than that of equities. What are the reasons for this difference in development?
“A mild economic downturn has already been priced in by the market”
With the ERSTE REAL ASSETS mixed fund, investors can invest in real assets – and have indeed been doing so for two years now. On the occasion of the fund’s two-year anniversary, Philip Schifferegger, fund manager of ERSTE REAL ASSETS, is taking a look at the current market situation. He also explains why the fund is well equipped for both positive and negative market phases.
Robust economy despite recent turbulences
Despite the recent turmoil in the banking sector, both companies and the global economy are currently proving to be extremely robust. Read more about the current market environment in the commentary by Gerald Stadlbauer, Head of Discretionary Portfolio Management at Erste AM.
Best of Charts II
Inflation, coupled with restrictive central bank measures and recession worries, continue to keep the markets busy. This is also shown by a look at some important financial charts.
The Credit Suisse takeover and its possible consequences
The effects of the takeover of the faltering major Swiss bank Credit Suisse by its competitor UBS are spreading far and wide. The risk of a recession has increased. Will the interest rate hikes soon be coming to an end?
EU and US Looking to Latin America as new Strategic Business Partner
The EU and the USA want to focus more on Latin America as an important economic partner. Most recently, the chances of concluding the EU’s long-planned trade agreement with the Latin American Mercosur free trade zone have also increased.
Positive January on the markets
On the stock markets, the first month of the year was positive. The recent softer tones of the central banks give rise to hopes that interest rate hikes are slowly coming to an end. Read more about the current market assessment in our Investment Update.
Attractive yields: Why corporate bonds are worth a look
Corporate bond yields are now back at attractive levels. In his article, senior fund manager Hannes Kusstatscher explains what this means and how the situation on the bond market could develop.