Debt

BlackRock has launched a high yield fixed maturity bond fund, in response to investor demand for alternative sources of return and ways to build income-focused, diversified and efficient bond portfolios.

The overall friendly environment on financial markets prevailed last week. While euro area macroeconomic data were on balance mixed, US data were slightly better than expected.

How will extreme levels of monetary policy accommodation eventually be unwound? Are the reflationary, pro-growth elements of President Trump’s agenda alive or dead? When will a long forecasted increase in government bond yields materialise? What is the impact of a wildcard such as North Korea?

Against the backdrop of investors’ current quest for yield and alternative solutions that offer diversification, Natixis announces the closing of European CLO (Collateralized Loan Obligation) Purple Finance CLO 1 for a total of €308.4 million.

And yet again, the global economy delivers another good quarter in terms of growth. It even seems that capital investments are finally contributing to growth. This has been the main disappointing economic variable to date in this business cycle.