In bond markets, expectations of rate cuts at the start of the year have been turned on their head, sparking a sell-off. The direction for rates from here is tied to how long the Strait of Hormuz remains effectively closed and central bank policy. However, carry and selectivity remain king.
And beyond our in-depth asset class and financial market analysis, we explain how investors might prepare their portfolios better for climate change risks. Indeed, given the surge in fossil fuel prices this year and increasing frequency of record high global temperatures, adapting risk management policies to such risks has rarely been a hotter topic for investors.
As always, we hope you enjoy the articles.
Jean-Damien Marie,
Global Head of Investments,
Private Bank and Wealth Management
