AMWatch

Liquidity boost hinders fixed income engagements

The low interest environment has made it difficult for bondholders to engage with corporate issuers as refinancing remains cheap.

Sparinvest's senior portfolio manager Thomas Bjørn Jensen and analyst Antonia Draghici. | Photo: PR

Central banks across the world have filled the financial system with fiat liquidity largely by vacuuming the market for sovereign and corporate bonds to spur growth after financial crisis of 2008 – known as Quantitative Easing (QE)

As a consequence of QE, it has become increasingly difficult for bondholding asset managers to have meaningful engagement with portfolio companies, Sparinvest Senior Portfolio Manager Thomas Bjørn Jensen notes.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Evli's new fund aims for EUR 300m portfolio

Finland's net rental yield is at an attractive level even by international standards, and international investors have noticed this over the past five years, says Tero Tuominen, who heads the Evli Residential II fund.

Further reading

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch