Kepler Alternative UCITS Forums: Pacific G10 Macro Rates
< 1 minute read timePacific’s G10 Macro Rates Team were delighted to be part of the Kepler Absolute Hedge Alternative UCITS Forums, speaking to delegates in London, Frankfurt and Geneva.
G10 Macro Rates Blog – What’s the alternative?
3 minutes read timeAfter historic bad returns for bonds in the first half of 2022, the traditional hedge for long equity exposure is being questioned after failing so spectacularly.
G10 Macro Rates: Kepler UCITS Forum
< 1 minute read timePacific Asset Management was delighted to host clients in person and online last week on the topic of longevity and social change.
G10 Macro Rates Blog – Walking the Credibility Tightrope
3 minutes read timeTheir rhetoric has hardened further this year to stern language about normalising rates, controlling inflation expectations, and quickening QE tapering. As consumer savings and incomes continue to be eroded by accelerating price increases, the policy makers reaction has been accelerating too. The Bank of England followed the Reserve Bank of New Zealand and increased interest […]
Video: G10 Macro Rates: Breakfast Webinar
< 1 minute read timePacific Asset Management’s Dani Saurymper talks to Investment week about the recent launch of Pacific’s Longevity and Social Change Fund
G10 Macro Rates Market Analysis – Weekly Review – 13th September 2021
3 minutes read timeChinese equities rallied, when trade numbers indicated a higher level of activity than expected for July against this credit supply was lower with total social financing dropping to 10.3% YoY. Evergrande, an embattled construction conglomerate, got official permission to restructure its debt leading the market to price in 75% haircut in its bonds. This negative […]
G10 Macro Rates Market Analysis – Weekly Review – 6th September 2021
3 minutes read timeEuro area inflation rose to a 10-year high, printing 3%. Despite the recent return of ABBA, this is not a return to inflation from that era, even though further near-term rises are thought likely. Tellingly, ABBA now perform with “Abatars” (virtual backing singers) demonstrating why the bargaining power of the labour market is not what […]
G10 Macro Rates Market Analysis – Weekly Review – 31st August 2021
3 minutes read timeOil’s gentle decline was reversed as hurricane Ida reduced North American capacity by over 1m bpd in crude and 2m bpd in refined products. Comparisons with Katrina were feared but not realised as the storm passed through much quicker and the consequent precipitation was spread over a much larger area. Covid news was more upbeat […]
G10 Macro Rates Blog – Vulnerability to rising yields is back
4 minutes read timeFind out more on Pacific G10 Macro Rates Second bite of the cherry? Global FI Macro provided positive performance early this year, when long duration struggled. We argue, that again the opportunity exists to diversify away from long bond exposure. The vulnerability of having 12 months’ worth of carry and roll wiped out by a […]
G10 Macro Rates Market Analysis – Weekly Review – 24th August 2021
3 minutes read timeIn New-Zealand the short-term interest rates were volatile as a single confirmed case of Delta variant forced the RBNZ to suspend a widely expected rate hike. The bank maintained its medium term economic views, so the impact beyond the 1y point was limited. Global interest rates were almost unchanged in the 10y sector but did […]
