News and notifications
News and information about our funds and market commentaries.
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What’s another month?
Did it ever strike you that months and years are random periods? Why 30 or 31 days, or 28, when, mathematically, 27 is a much more elegant number (3^3)? And why have years that end on 31 December?
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Renewing the ESG vows
Pareto ESG Global Corporate Bond is the first fixed income fund to be awarded the new license approval for the Nordic Swan Ecolabel 2.0.
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Brian’s guide to sustainable investing
The Monty Python movie Life of Brian has a brilliant scene in which Brian reluctantly addresses a crowd of people believing he is the new Messiah:
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Key rates no key to equities
How do interest rates affect longer-term returns in the stock market? Is it possible that much of the impressive long-run return is a function of falling interest rates?
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The bond drama – and a note on risk
Yes, global stock markets plunged this month. The MSCI World Index lost 8%, the S&P 500 lost 9% – bringing this year’s loss up to almost 24%. But that’s not the most interesting part.
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An energy crisis … and then?
Ok, so Russia shut down the Nord Stream 1 gas pipeline. I’m not convinced that we should be surprised, not at this point, but that does not lessen the sense of urgency. There has been little time for Europe – and Germany in particular – to secure the necessary energy for the coming winter from alternative sources.
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Estival exuberance
Financial markets are not always intuitive. In July, preliminary figures showed a 0.9% annualised decline in US GDP, following a decline of 1.6% in the first quarter.
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Fear and facts
Much has already been written about the S&P 500 posting its worst first six months in 52 years, falling by a full 20 per cent. Just as much should probably be said about the bond market, as global corporate bonds recorded a loss of 16 per cent – in investment grade!
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A sigh of relief – and a turning point?
How quickly we forget! May ended on a lighter note, but during the month things looked bleak.
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Tough times, tough measures, soft measures
It’s 2022 and we honestly never imagined a European country invading another European country. The Russian invasion of Ukraine is a shocking, atrocious, detestable act of aggression.