Key policy rates in the Nordics, EU and the US have all moved north, with additional hikes expected in the coming months. Investors should keep in mind that both our Nordic bond funds are well positioned in such a scenario, limiting the downside and effectively leading to a higher yield to maturity in both funds from rising 3 month interbank rates (high floating rate note exposure).
It’s 2022 and we honestly never imagined a European country invading another European country. Why we preface this report with a reference to the Russian invasion? We believe there are at least two relevant connections, in addition to the more obvious dimensions of ethics and morals.
Read more in our latest report on responsible investments, no. 1-2022.
In 2021, bouncing back from the depths of the pandemic, we got a lot of good news. But not good enough for the stimulative policies to be pulled back. We also got an indisputable reminder of what really drives financial market returns.