Pimco looks for alternatives to public credit
Bond investor Pimco is also increasingly looking to alternatives to traditional bond categories. The fund house sees attractive income-generating opportunities in real estate and private credit and plans to continue investing in these areas.
That is what Pimco wrote this week in its outlook for the coming years. The asset manager, which invests primarily in bonds, recommends working with flexible mandates in order to be able to make use of the full range of fixed-income opportunities.
PGIM Investments - Forecast: Continued Recovery with Accumulating Clouds
In its 4Q 2021 outlook, PGIM Fixed Income shares their views on the current economic environment and outlook for fixed income markets.
AXA IM: Tapering isn’t lift-off
As the global economic recovery widens, attention is clearly turning to when and how central banks will begin to reduce the bond-buying programmes…
Luxembourg lags in adopting blockchain in finance
The Luxembourg financial sector has long-discussed the blockchain or as it’s also called “distributed ledger technology (DLT)” as way to strengthen the Luxembourg financial sector. As it was put by Ananda Kautz of Luxembourg’s banks and bankers association the ABBL: “Digital strategy, digital ledger technology, most commonly known as blockchain, has been a key strategic topic for ABBL since many years now.”
Internet is the starter, artificial intelligence the main dish
Brice Prunas, manager of the ODDO BHF Artificial Intelligence, makes no secret of his enthusiasm for artificial intelligence as it quietly breaks through in all corners of the market. He not only invests in it but also uses AI to manage his fund.
Japan: Abenomics won’t be discontinued
In the run-up to the Japanese elections later this month, Prime Minister Fumio Kishida has promised to discontinue “Abenomics”. According to him, the economic programme has not led to broader growth. Lodewijk van der Kroft, managing director at Comgest, said investors need not worry about such statements. “This is election rhetoric for the stage, Abenomics will not be thrown out with the rubbish.”
Economist commentary: the stability of the financial system
Money only has value if there is a relationship with the value created in the real economy. So the value of money is not determined by the government, but by the private sector. The role of the financial sector is to allocate savings to those who can use them to achieve a higher return than the interest they have to pay.
The extremely low interest rates frustrate this system. Caveat emptor.
Modern brokers can make difference with (big) banks
The modern bank and insurance broker can to a large extent fill the gap left by the major banks. He can do this by giving personal advice to his clients and fully mapping out their financial situation. Digitalisation also plays an important role in this.
This emerged from an interview with Marc Dhondt (photo), the Belgian representative of the Luxembourg life insurance company OneLife, as part of the BZB congress that was held on 21 October.
Opinion: Technology and Wright's Law
In the 1930s, aeronautical engineer Theodore Paul Wright (1895-1970) made an important discovery during his study of aircraft production. For every doubling of the total number of aircraft produced, the cost of a newly-built aircraft fell by 15 per cent.
In 1936, he published his findings in the paper “Factors Affecting the Costs of Airplanes”. He described that we learn by doing and therefore the cost per unit produced decreases as the total number of aircraft produced increases. We know this law as Wright’s Law.
NN IP: continuing to serve the market post-merger
NN Investment Partners remains committed to serving its fiduciary clients in the best possible way, while continuing to do so with a local office and with people who know the local market as well as the laws and regulations. Satish Bapat, NN IP’s CEO, explained this in response to questions about the impact of the Goldman Sachs’ takeover on its customers, such as pension funds.