Fixed Income – Page 3
-
AnalysisFixed income, rates, currencies: Questions over US economic policy dominate global investor concerns
The likelihood of a full-scale global trade war has decreased, and the outlook for the global economy has improved as a result, but new tariff announcements by the US administration could cause this scenario to change once more
-
NewsÄVWL boosts bond exposure, US dollar overweight amid shifting market dynamics
The pension fund for German doctors in Germany’s Westphalia-Lippe region has increased its allocation to directly held bonds by nearly €400m year-on-year
-
NewsFonchim picks managers for €2.71bn in mandates
Most asset managers accepting mandate renewals agreed to slight fee reductions, says pension fund
-
NewsFrance’s FRR appoints duo for €1.4bn fixed income mandates
AXA Investment Managers and Ostrum Asset Management were selected
-
NewsGermany’s BVV lifts fixed income allocation to 65.6% amid strategic shift
The move to bolster fixed income reflects the asset class’s ability to dampen portfolio volatility, says pension fund
-
NewsBasel pension fund raises equity, CHF bond allocations for 2025
PKBS is exiting its ILS holdings, reallocating capital to conventional fixed income and domestic real estate
-
NewsFondo Telemaco reshapes investment portfolio with new managers for €2.4bn
The appointments are part of a broader shift in the fund’s asset allocation, aimed at increasing equity exposure and simplifying its fixed income structure
-
FeaturesIPE Quest Expectations Indicator - May 2025: US markets lose their wings
Markets have been gyrating wildly with Trump’s on-again-off-again trade wars, but resistance is building
-
FeaturesIPE Quest Expectations Indicator - June 2025
At last, we have some clarity about the nature of ‘Trump risk’ – it is about uncertainty and growth. Markets are signalling that the US president’s on-again-off-again policies are a threat to growth and stoking inflation even if his threats are not implemented.
-
FeaturesChart watch: Uncertainty ripples across markets
The trade war unleashed by Trump’s tariffs and the knock-on effects for business confidence and commodities demand are reflected in our latest chart overview
-
Features
Fixed income, rates, currencies: Fickle US policy shakes global investor confidence
The hugely unpredictable policy announcements from those in charge of the world’s largest developed economy are market events more usually associated with goings-on in a newer EM economy
-
NewsDutch pension funds reduce investment-grade credit exposure in new DC system
Many funds will no longer add investment-grade corporate bonds to matching portfolios, preferring instead bonds with higher expected returns
-
NewsAsset owners throw weight behind bond index aimed at driving decarbonisation
UN pension fund will invest up to $500m using index, which is yet to be launched
-
NewsVelliv to shift more equities exposure to Europe, after €500m US sell-off
Denmark’s fifth-largest pension fund targets smaller European firms which don’t depend on exports to US
-
NewsKåpan Tjänstepension makes first investment in IFAD sustainable bond
The proceeds of the issuance – SEK900m in total – will be used to finance IFAD’s development projects throughout the world
-
NewsSwiss federal railway scheme ups investment in equities while reducing bonds
Last year the pension fund achieved returns of 6.9% and a funding level of 110.8%
-
NewsGermany’s historic deal on €500bn fund is a game changer for future growth
CDU/CSU and SPD have agreed on financial package and a reform of the debt brake to invest in infrastructure and revitalise the country’s economy
-
FeaturesIPE Quest Expectations Indicator - April 2025
Since 1900, the US has waged numerous wars but has won only three without allies. This is the sobering background for recent US geopolitical policy moves: changing sides from Ukraine to Russia, interfering in German elections and behaviour at the NATO ministerial meeting.
-
FeaturesIPE Quest Expectations Indicator - March 2025
Political risk has risen to boiling point. Donald Trump’s talks with Russia to end the war in Ukraine, without as much as a Ukrainian presence, left the US without allies or credibility, especially in Europe.
-
FeaturesAnother strong year ahead for green bond market as EU regulations set to drive demand
Against all the odds, the green bond market had a good 2024. In a year when inflows into global sustainability funds were slashed in half, green bonds recorded their second-highest annual issuance levels ever, with more than $560bn (€536bn) of labelled paper sold
