Whitepaper

Having fallen behind other markets in the post-COVID rally due to a lack of direct central bank support, we believe European ABS is set to outperform other parts of fixed income in the coming months as supply wanes and investors look to pick up on what we think could be a compelling relative value opportunity.

Viele Emerging Markets sind heute widerstandsfähiger gegenüber externen Schocks als früher und können dem Druck eines stärkeren US-Dollars besser standhalten. Viele von ihnen waren bislang auch eher zurückhaltend mit konjunkturellen Stimulierungsmassnahmen. Dies erhöht ihr Potenzial für eine positive Entwicklung.

Wie konstruiert man das perfekte Portfolio? Die Kunst der Portfoliokonstruktion ähnelt insofern der Gourmetküche, als hochwertige Zutaten zu einem ausgewogenen Gericht vereint werden. Portfolio Manager David Souccar verrät, worauf es nach unserer Überzeugung bei der heiklen Balance zwischen Risiko und Rendite wirklich ankommt.

This video explains how TwentyFour’s unique ESG integration process works, and how our purpose-built relative value tool, Observatory, allows our portfolio managers to monitor bond issuers’ ESG credentials on a daily basis.

Residential mortgage-backed securities (RMBS) are an under-utilised asset class for many investors, despite boasting some of the lowest default rates across the global fixed income market and offering higher yields and greater investor protections than vanilla corporate bonds of the same rating.

The phrase "sustainable investment" is heard more and more frequently and is associated with very different expectations. This background paper gives a detailed explanation of the Vontobel Competence Center for Sustainable Investment's "best-in-class" approach for analyzing company sustainability, an approach used for equities and bonds.

Unbridled global population growth coupled with steadily increasing prosperity mean that resources such as land, water, and energy are being depleted at an ever increasing rate. At the same time, these resources are in short supply both worldwide and, as is increasingly the case, in certain countries.

In this paper, we observe the growing interest in Sustainable Investing globally and put particular focus on the trends in this space in the Nordics. Overall, Sustainable Investing is moving forward from its basic focus on screening to more applied approaches that integrate non-financial, ESG data into the investment case.