Sunday 18 May 2025
According to Bob Jolly, Schroders’ Head of Global Macro, considerable bad news is already in prices and corporate bonds issued by strong companies with cash on their balance sheet and pricing power remain attractive
According to Sidney Rostan, structurer in the Global Structured Credit & Solutions team at Natixis, the current market environment is favorable for cats bonds due to injections of capital from institutional investors looking for diversification
It is therefore no doubt poignant to many to note that recently the 30-year total return on US Treasuries exceeded that of the S&P 500. Does that mean that the cult of equity is over? Certainly the cult may be, but it is highly improbable that equities are finished
One of the most surprising characteristics of the current crisis is the fact that bond investors appear to discount more eurostress than equity investors. Is this justified?
Munich Re has acquired coverage for US hurricane and European windstorm risks with a total volume of US$ 100m from the special-purpose vehicle Queen Street IV Capital Limited, which in turn has placed a catastrophe bond for this amount in the capital markets...