Obbligazionario

Mentre ci avviciniamo alla fine di un anno che ha visto gli asset rischiosi scrollarsi di dosso le problematiche legate ai dazi statunitensi e le crescenti preoccupazioni sulle valutazioni tecnologiche basate sull'intelligenza artificiale, il team di gestione del portafoglio di TwentyFour Asset Management seleziona le sette domande chiave che, a suo avviso, definiranno il 2026 per gli investitori nel reddito fisso.

The terms private credit and life insurance have appeared together in multiple negative headlines in recent weeks, and to casual observers the link between the two may not be immediately obvious.

For much of the past year, the AI story in markets has been one of unrestrained optimism. Firms have been racing to spend on chips, infrastructure, and data centres, and equity valuations have generally rewarded those with the boldest capital expenditure plans.

The European asset-backed securities (ABS) market, once among the most substantial in global fixed income, has remained subdued since the global financial crisis due to a decade of restrictive regulation.

Discover how developed and emerging market corporate bonds may offer stability, diversification, and alpha opportunities. With yields at multi-year highs and improving fundamentals, our experts believe now is the time to unlock the hidden potential of corporate bonds in your portfolio.

October brought the first serious bout of volatility in corporate bond markets for some time, with two high-profile US bankruptcies raising fears of a more systemic issue in credit.

Watch TwentyFour Asset Management's latest European ABS webinar with Rob Ford and Douglas Charleston to gain a deeper understanding of how regulatory reforms are reshaping the European ABS landscape and fuelling investor demand.

Amid tariffs, bankruptcies, and uncertainty, credit fundamentals remain strong. Elevated yields and solid corporate balance sheets favour income-focused fixed income strategies over government bonds, even as volatility persists.

Mentre ci avviamo verso la fase finale del 2025, i mercati devono affrontare un’inflazione persistente e una limitata flessibilità da parte delle banche centrali. L’aumento dei deficit pubblici ha spinto al rialzo i rendimenti a lungo termine, indebolendo la fiducia degli investitori. Tuttavia, i rendimenti iniziali elevati offrono opportunità anche agli investitori più prudenti. In questo articolo analizzeremo come le forze strutturali che influenzano i mercati obbligazionari globali stiano contribuendo a migliorare le prospettive per il credito a breve termine.

2025 Q4’s mantra is 'Bringing It Home,' reflecting strong global corporate bond performance driven by carry and duration. Looking ahead to 2026, alpha generation may become paramount as markets shift focus from beta.

The Brazilian corporate bonds market has recently been demonstrating signs of volatility. Systemic or idiosyncratic? Or both?

France’s chronic government paralysis repeatedly created headlines this month, and fixed income markets are rightly worried about the sustainability of French government borrowing levels. Meanwhile, forecasts of a £50bn blackhole in the UK’s public finances are keeping gilt yields elevated and have made this November’s UK Budget a potential flashpoint.