Finding opportunities amid high valuations
Holger Wehner explains why the Allianz Global Equity Insights fund is taking a contrarian stance, being overweight in a region that most investors currently find less than appealing.
Sponsored by Allianz Global Investors
Published: 31 May 17
The ECB’s corporate bond buying – a double-edged sword
The decision by the ECB to include investment-grade corporate bonds in its asset purchasing programme has led to a spike in issuance and to yields edging even lower. While this market response was anticipated by the central bank, its stimulus efforts threaten the viability of the asset class in the longer term .