Christophe Cattoir : “For our equity fund - weighing 10% of our assets - the trackers represent approximately 25% of our allocation”
Christophe Cattoir, head of asset management at M comme Mutuelle chooses firstly trackers with high quality of index replication. Secondly, he makes sure to choose top ETF providers because these products carry a counterparty (...)
Pieter Entius : « Eurex Market-on-Close (MOC) delivers a listed solution for basis trading »
Higher efficiency and less risk - Eurex Market-on-Close Futures are designed to deliver multiple benefits to a market that has so far been dominated by OTC trading. Pieter Entius, Head of Trading at Flow Traders, shares his insights what are the key drivers and benefits from (...)
Estelle Ménard : "The cycle of mergers and acquisitions is far from over"
Estelle Ménard, Deputy Head of Thematic Equities Management and Fund Manager of the fund CPR Invest–Europe Special Situations at CPR AM believes that an environment of long-term moderate growth is a strong driver for boosting both economic and financial restructuring (...)
Philippe Goubeault : « More than twenty percent of our total reserves are managed through a process based on non-financial criteria »
According to Philippe Goubeault, CFO of Agirc-Arrco, Responsible finance has become an essential part of its investment policy. As a result, all their request for proposals now include an SRI part.
According to Schroders Azad Zangana, European Economist and Chris Ames, Senior Fixed Income Portfolio Manager, the cut in interest rates is totally irrelevant. Due to the glut of liquidity in money markets, short-term interest rates have been below the ECB’s main financing (...)
Over 2014 there has been a steady decline in the yield on German government bonds. As a result bunds have outperformed other developed markets. This outperformance could have been driven by two factors...
Emerging currencies were under pressure this summer. Save for the Indonesian rupiah, Thai baht, Malaysian ringgit and Chinese yuan, emerging currencies has corrected against the US dollar since 30 June. It is mainly the CEEMEA currencies and, to a lesser extent, Latin (...)
Preparing for higher yields: Downgrading equities and credit
According to Goldman Sachs, the likelihood of a rise in government bond yields has increased and Goldman Sachs see this as a key aspect of the near-term macro outlook...
US equity and bond markets have performed in-line over the past few weeks. As a result, the correlation between 10-year rates and the S&P 500, which had turned positive since the announcement of Fed tapering (steepening rates and stronger equity markets), is now (...)