At the core of every Pareto bond strategy is a bespoke credit assessment process: With long standing proprietary credit evaluation models, combined with dedicated local expertise and access to the issuers.
The approach provides a Nordic/Global corporate credit exposure with low geopolitical risk and a sound ESG profile.
For each day that the war in the Middle East continues and the Strait of Hormuz remains closed, inflation risks increase. The key question is whether the elevated oil price spills over into other goods and services, leading to a broader rise in inflation. In addition, disruptions to the supply chain risk can turn into inflationary bottlenecks.
By the end of month, both the ECB and the Fed provided guidance with both central banks leaving policy rates unchanged. For Norway and Sweden, the outlook is divided. Norges Bank could hike its policy rate as soon as in May and markets are pricing in a second hike in autumn. For Sweden it is broadly expected that the Riksbank will leave the policy rate unchanged at 1.75% in May. It’s also expected that the Riksbank will signal that the interest rate path in the March report – with an unchanged policy rate this year – remains the baseline scenario.
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Die Nordics
Investieren Sie mit Pareto auf neuen Pfaden – ohne Kompromisse bei Sicherheit und Transparenz. Nutzen Sie die besonderen Chancen "nordischer" Unternehmen und investieren im besten Teil Europas:
