Central banks remain on a restrictive course and hold out the prospect of further key interest rate hikes. Although there are some signs of a further decline in inflation, it is falling more slowly than expected. You can read where the journey could lead in the blog post.
ERSTE BOND EM CORPORATE becomes part of our sustainable Integration fund family. Péter Varga discusses what this sustainable change means for him as a fund manager and what it changes in his investment process.
This week, the markets are eagerly awaiting the upcoming interest rate decisions. The Fed in the USA will make the first move today, Wednesday. For the first time in the current cycle, no increase in the key interest rate is expected. For tomorrow’s interest rate decision by the ECB, on the other hand, the market expects a further rate hike of 25 basis points.
Inflation data in Europe recently showed a surprisingly significant slowdown. The decline in energy prices in particular had a dampening effect. Read our latest blog post to find out about the current inflation in the individual EU countries.
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.
The volatility of bonds has increased significantly and is clearly higher than that of equities. What are the reasons for this difference in development?
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.
The annual Spring Meetings of the International Monetary Fund and the World Bank bring together high-ranking representatives from business, the financial sector and politics. Fund manager
Tolgahan Memişoğlu reports on his impressions.
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.
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.
