by HAGIM GmbH | Feb 27, 2025 | Nicht kategorisiert
Thomas Rentsch Senior Portfolio Manager High Yield Following a phase of issuance strikes due to higher interest rates, new issuance of European high-yield bonds is picking up again. However, issuers remain reluctant to commit to the current yield level in the long...
by HAGIM GmbH | Feb 25, 2025 | Nicht kategorisiert
Steffen Ullmann Senior Portfolio Manager – Investment Grade In recent years, the new issue premium has been a reliable source of returns for bond investors. In the current market environment, this advantage is increasingly disappearing. Especially in these...
by HAGIM GmbH | Feb 22, 2025 | Nicht kategorisiert
Thomas Rentsch Senior Portfolio Manager High Yield Despite the threat of a trade war, zero growth in Germany and political uncertainty in Europe, the market for high yield corporate bonds is showing remarkable resilience. Risk premiums have been on a downward trend...
by HAGIM GmbH | Nov 25, 2024 | Nicht kategorisiert
Thomas Rentsch Senior Portfolio Manager High Yield Can high yield corporate bonds keep up with a traditional 60/40 portfolio? Our analysis shows: since 2003, European high yield bonds have achieved a similar performance to a traditional 60/40 allocation and with less...
by HAGIM GmbH | Oct 28, 2024 | Nicht kategorisiert
Steffen Ullmann Senior Portfolio Manager – Investment Grade The upcoming reporting season is an important indicator of whether current company valuations are still justified in the context of a disappointing European economy. A disappointing European economy,...