Les gestionnaires d'actifs fidèles aux bons du Trésor malgré les pertes
En cette troisième année de pertes pour les obligations d’État américaines, les investisseurs espèrent un revirement rapide de la part de la Réserve fédérale. « Mais nous n’en sommes pas encore là. »
M&G toujours en tête du top 5 du haut rendement mondial
Les craintes d’une récession semblent s’être largement dissipées, ce qui a joué en faveur des obligations à haut rendement au troisième trimestre. Mais avec la hausse des coûts de refinancement, il convient de rester sur ses gardes.
CVC Capital now eyes 2024 for new attempt to go public
Luxembourg-headquartered CVC Capital Partners, one of Europe’s biggest private equity firms, on Wednesday decided to postpone its initial public offering on the Amsterdam stock exchange, a person familiar with the decision has confirmed. The firm now is looking for a new opportunity to go public in 2024.
Where is the next Silicon Valley Bank?
Interest rates are shooting up and in some cases have reached the highest levels in decades. The share prices of US regional banks are collapsing again. And yet reports of new collapsing banks remain absent. Why?
Deposits!
The chart below provides the answer to that question. Despite continued competition with money market funds, deposits of smaller US banks are steadily increasing. Compared to a year ago, there has been a modest growth of 2 per cent.
‘Private credit will eclipse equity in the next decade’
Despite rapid development, private credit is still in its very early growth stages. Despite macroeconomic and cyclical challenges, Jiři Król, the deputy CEO of the Alternative Investment Management Association, sees private credit catching up to the much larger private equity in the next 10 years. He also sees huge potential development from the reformed European long-term investment fund vehicle (Eltif).
Private credit seen as less attractive than public
After a dismal third quarter, bond investors are once again turning their attention to fixed income. A survey of European and Asian fund selectors forecasts a heightened demand for this asset class in the upcoming year, particularly with expectations of sustained equity market volatility.
Top 5 de la dette émergente en devise locale : +8 % pour le lauréat
Après être restées dans l’ombre pendant des années, les obligations des marchés émergents libellées en devises locales figurent parmi les fleurons de la sphère obligataire en 2023.
Private equity investors dismiss valuation chatter as ‘noise’
Despite declining valuations in private equity, Schroders Capital’s European private equity chief Richard Damming remains confident, dismissing concerns as mere industry «noise».
In the face of fluctuating private equity valuations, Damming reassures that they remain undeterred. «You sell a company at the price you want to sell it for, and otherwise you don’t sell it,» says the head of Schroders› European PE branch.
US outflows from sustainable funds accelerated in Q3
Outflows from sustainable investment funds in the United States accelerated during the third quarter, likely due to a political debate that is hostile to investing sustainably, according to the latest report on global sustainable fund flows by Morningstar.
« Les investisseurs en retard sur leurs objectifs d'investissement »
Les gestionnaires de patrimoine constatent qu’une grande majorité de leurs clients accusent un net retard dans la réalisation de leurs objectifs d’investissement du fait de récente volatilité des marchés boursiers.