“Private equity in wealth portfolios to double”
At BNP Paribas Fortis, the bank has seen its private equity business double and even triple in recent years. Corporate bonds have gradually replaced nominal government bonds, as have high yields. And they are investing more and more actively, which is linked to the rise of thematic investing.
‘2021: a great year for equities and commodities’
A car with two accelerators and no brakes. This is how Philippe Gijsels (pictured right), chief strategist at BNP Paribas Fortis, describes current monetary and fiscal policies. Consequently, he expects 2021 will be a good year for risky assets.
'Fed U-turn will propel inflation'
The Fed’s announcement last Thursday that it will now target an ‘average’ inflation rate of 2% is a huge game changer for investors and asset allocators, says Philippe Gijsels, head strategist at BNP Paribas Fortis.
BNP Paribas expects V-shaped recovery
A study of bear markets shows that in 70 percent of the cases stock markets fell back to a new low. In 30 percent there was a continuing recovery after a severe crash. We are probably experiencing the latter scenario now, according to BNP Paribas Fortis’ chief strategist Philippe Gijsels.
Gijsels says that the bank has been busy buying attractively priced shares and high yield bonds for clients for some time now.