Markets tolerate French paralysis as long as yields stay high
France’s government is adrift after Bayrou’s resignation, yet its bonds still draw buyers. Investors point to global tailwinds and deep liquidity, but warn that if sentiment turns, France could be hit harder than its peers.
DNCA Finance sees new niches emerging in sports
Boris Radondy, manager of the DNCA Global Sport Equity fund, expects strong growth in the sports sector over the next few years and believes it can present predictable long-term growth.
DNCA Finance’s integration of Ostrum Asset Management in October 2020 added a team of 21 people and 7 billion euro in assets under management, mainly in equity and convertible bond management.