by HAGIM GmbH | May 27, 2025 | Nicht kategorisiert
Steffen Ullmann Senior Portfolio Manager – Investment Grade Gold price at record levels – but what does this mean for credit quality? While the operating figures of many gold miners are improving in the short term, structural limitations remain. Strong...
by HAGIM GmbH | May 5, 2025 | Nicht kategorisiert
Steffen Ullmann Senior Portfolio Manager – Investment Grade It was a time of great hopes and bold visions: When the euro saw the light of day a quarter of a century ago, its architects dreamed of a currency that would stand up to the dollar. Today, 25 years...
by HAGIM GmbH | Apr 28, 2025 | Nicht kategorisiert
Steffen Ullmann Senior Portfolio Manager – Investment Grade Rethinking Credit: A New Market Regime Requires New Principles We are not living at the beginning of change, we are deep within it. April 2, 2025 will go down in history as a turning point. What was...
by HAGIM GmbH | Mar 24, 2025 | Nicht kategorisiert
Steffen Ullmann Senior Portfolio Manager – Investment Grade The EUR credit market has recovered significantly since the beginning of the year. Spreads have fallen from 95 basis points to 79 basis points in the meantime – even geopolitical uncertainties and...
by HAGIM GmbH | Mar 18, 2025 | Nicht kategorisiert
Steffen Ullmann Senior Portfolio Manager – Investment Grade Reverse Yankees – Euro bonds issued by US companies – started the year strongly, but the interest rate turnaround in Europe has put an abrupt end to the boom. The shrinking interest rate...