Bond

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.

Building on the success of its global corporate loan fund, BNP Paribas Asset Management (‘BNPP AM’) has launched BNP Paribas Flexi III European Senior Corporate Loans and appointed two new credit analysts.

Amundi, the European leader in asset management with € 1.400 trillion in assets under management, innovates with a private debt fund for professional investors, backed by physical stocks in iconic Italian food products such as Parma and San Daniele ham, and Parmesan cheese.

According to Arnaud Faller, Deputy Managing Director, Chief Investment Officer at CPR AM, in this environment, we shall clearly favour equities over credit investments in developed markets, while leveraging on current opportunities in emerging bond and equity markets.

According to Alasdair Ross Head of Investment Grade and Senior Portfolio Manager, EMEA, Global corporate portfolios offer issuer and security selection alpha potential over and above that found in US Dollar, Euro and Sterling only funds.