TwentyFour
Strategic Income Quarterly Update – January 2023
A member of our Multi-Sector Bond discusses market conditions in Q4 2022.
Insights Topic
Market Update
TwentyFour
Asset-Backed Securities Quarterly Update – January 2023
TwentyFour Partner and Portfolio Manager, Douglas Charleston, describes the developments of the ABS market in Q4 2022.
Quantitative Investments
What do our models think about US recession risks?
The yield curve and our models point to a high probability of recession. But how severe will the U.S. recession be? To answer this question, we exploit historical data to examine the impact of the tightening cycle on GDP growth. The results show that investors should exercise caution in 2023.
Fixed Income Boutique
Chinese markets: Optimism arrived earlier, bumpy road ahead
The Politburo, the top decision-making body of the Chinese Communist Party, announced last week a document focusing on the country’s economic growth in 2023. Meanwhile, the Chinese government also started to exit its zero-Covid-policy, much sooner than anticipated. These intentions signal an earlier-than-expected recovery of the Chinese economy.
Fixed Income Boutique
Chinese property sector: A gradual recovery focused on long-term stability
China’s authorities have recently revealed coordinated measures to alleviate the pressure on its property sector. The government tried to help the sector in the past year but failed; however, this time could be more determined and effective.
Quantitative Investments
20th China Party Congress: beginning of a new political and economic cycle?
The 20th Party Congress of the Chinese Communist Party is likely to make Xi Jinping the most powerful leader since Mao Zedong. Sven Schubert, Senior Investment Strategist at Vontobel discusses what the congress has in store and whether it marks the beginning of a new political and economic cycle.
TwentyFour
Strategic Income Quarterly Update – October 2022
George Curtis looks at market conditions in the third quarter of 2022.
TwentyFour
Short Term Bond Quarterly Update – October 2022
TwentyFour Portfolio Manager, Johnathan Owen, explains how investment grade markets have performed in Q3 2022.
TwentyFour
Asset-Backed Securities Quarterly Update – October 2022
TwentyFour Partner and Portfolio Manager, Douglas Charleston, explains how ABS markets have performed in Q3 2022 and provides his outlook for the rest of the year.
Fixed Income Boutique
Brazilian elections: Markets still agnostic on the possible winner
The first round of Brazil’s general elections will take place on Sunday, October 2nd, with former president Luiz Inácio Lula da Silva and the current president Jair Bolsonaro facing each other. Thierry Larose, Portfolio Manager at Vontobel, discusses how markets are viewing the two candidates.
TwentyFour
The macro outlook has changed significantly – Is a recession upon us?
Partner and portfolio manager, Eoin Walsh, delivered the keynote address at the TwentyFour Fixed Income Conference in London on September 13.
TwentyFour
Short Term Bond Quarterly Update – July 2022
Gordon Shannon reviews Q2 2022 in fixed income and breaks down the resulting risks and opportunities he sees in short term bonds.