Name: Opportunities in global bond markets
Start: 2023-03-30T08:15:00Z
End: 2023-03-30T08:15:43.000Z
Location: BrightTALK
Rating: 5

Unser Vertriebsteam und unsere Investmentspezialisten informieren Sie hier regelmäßig zu aktuellen Themen, Neuigkeiten im Markt und über unsere M&G Fonds.
Nutzen Sie die Chance und melden Sie sich zu unseren Webcasts an.

Nur für professionelle Anleger.

Ivan Domjanic, unser Spezialist für Marktupdates bei M&G Investments, lädt Sie an jedem ersten Mittwoch im Monat um 9:30 Uhr zu unserer beliebten Webcast-Serie Fifteen Minutes ein.

Durch seine Leidenschaft für das Geschehen am Markt ist Ivan Domjanic immer bestens informiert und am Puls der Zeit. Er freut sich für Sie die spannendsten und aktuellsten Entwicklungen an den Märkten zu kommentieren.

Die in diesem Webcast zum Ausdruck gebrachten Ansichten sollten nicht als Empfehlung, Beratung oder Prognose aufgefasst werden. Der Wert der Vermögenswerte des Fonds kann sowohl fallen als auch steigen. Dies führt dazu, dass der Wert Ihrer Anlage steigen und fallen wird, und Sie bekommen möglicherweise weniger zurück, als Sie ursprünglich investiert haben.

Fifteen Minutes - Was die Märkte bewegt

Emerging market debt delivered double-digit returns in 2023 and we believe that the asset class, despite some uncertainty, continues to offer compelling opportunities with the broader environment being conducive to emerging markets performing well. The EM universe remains one of the broadest and most diversified asset classes within fixed income, offering diversification by region, country, sector, currency, and commodity. Today, we also continue to see elevated yields and an improving inflationary picture. Join fund manager Claudia Calich as she discusses where she sees the biggest opportunities – and threats – for investors against a fast-evolving macroeconomic backdrop.

M&G Webcast - M&G (Lux) Emerging Markets Bond Fund - 15 February 2024

Nur für professionelle Anleger.

Ivan Domjanic, unser Spezialist für Marktupdates bei M&G Investments, lädt Sie dieses Mal am zweiten Mittwoch im Monat um 9:30 Uhr zu unserer beliebten deutschsprachigen Webcast-Serie Fifteen Minutes ein.

Durch seine Leidenschaft für das Geschehen am Markt ist Ivan Domjanic immer bestens informiert und am Puls der Zeit. Er freut sich für Sie die spannendsten und aktuellsten Entwicklungen an den Märkten zu kommentieren.

Die in diesem Webcast zum Ausdruck gebrachten Ansichten sollten nicht als Empfehlung, Beratung oder Prognose aufgefasst werden. Der Wert der Vermögenswerte des Fonds kann sowohl fallen als auch steigen. Dies führt dazu, dass der Wert Ihrer Anlage steigen und fallen wird, und Sie bekommen möglicherweise weniger zurück, als Sie ursprünglich investiert haben.

Infrastrukturaktien haben äußerst herausfordernde Monate hinter sich. Die Schwäche der Anlageklasse ist zu einem großen Teil sektorbedingt. So haben insbesondere Versorger, die in der Anlageklasse mit Abstand den größten Sektor stellen, enttäuscht und sich seit Jahresbeginn entgegen dem breiten Markt negativ entwickelt. Aber auch REITs, die oft Infrastrukturanlagen betreiben, wurden in diesem Umfeld mit weiter steigenden Renditeniveaus abverkauft. 

Anleger wünschen sich jetzt Antworten auf folgende Fragen:
Was sind die Gründe für die jüngste Schwäche von Infrastrukturaktien? 
Sind die Kursrückgänge möglicherweise sogar gerechtfertigt? 
Wo liegen die nächsten Wachstumstreiber für Infrastrukturanlagen? 
Welche Segmente innerhalb des Infrastrukturuniversums sind besonders aussichtsreich?

Erfahren Sie im Fondsupdate zum M&G (Lux) Global Listed Infrastructure Fund (mehr Infos hier) von unserem Kapitalmarktstrategen Ivan Domjanic, CFA wie der Fonds derzeit positioniert ist und was gerade jetzt für eine Anlage in Infrastrukturaktien spricht. 

M&G (Lux) Global Listed Infrastructure Fund
Der Fonds investiert in Unternehmen weltweit, die physische Infrastrukturanlagen besitzen oder betreiben. Die Titelselektion basiert auf einer tiefgehenden Fundamentalanalyse. Als Kernkriterium gilt dabei u.a. das Dividendenwachstum der Unternehmen sowie die Zuverlässigkeit und Planbarkeit der Cashflows. Außerdem sucht Fondsmanager Alex Araujo gezielt nach Infrastrukturunternehmen, die aus seiner Sicht von langfristigen Wachstumstrends profitieren.

Der Wert der Vermögenswerte des Fonds kann sowohl fallen als auch steigen. Dies führt dazu, dass der Wert Ihrer Anlage fallen und steigen kann, und Sie bekommen möglicherweise weniger zurück, als Sie ursprünglich investiert haben.

M&G (Lux) Global Listed Infrastructure Fund – Kommt bald die Trendwende?

For investment professionals only.

Please join our webcast on 25 May at 9:00 am with Carl Vine, Fund Manager of the M&G Japan Strategy.

Carl continues to be optimistic about the structural outlook for stock market earnings growth in Japan. This optimism is based on the dynamic of ongoing self-help as the corporate sector continues to take advantage of low-hanging fruit to increase margins and optimize both corporate structures and strategies. 

Whilst it has been a choppy start to the year for stock markets globally, Carl continues to focus on the reform thematic – something he believes is a once in a generation event for corporate Japan. 

The pressure for enhanced governance, higher margins and a better Return on Capital continues to intensify – a recent example being the Tokyo Stock Exchange’s announcement that it would demand companies trading below book value, to publish their strategies to raise their stock valuations.

This plays into our strategy of being the “shareholder of choice”. Carl will use real life examples to illustrate how “value-added shareholdership” contributes to value creation and release for our end investors.

Past performance is not a guide to future performance.

A unique perspective on Japan

Please join us for a webcast on 20 March 2023 when Jim Leaviss, Chief Investment Officer Public Fixed Income, and Fabiana Fedeli, Chief Investment Officer, Equities, Multi Asset and Sustainability, will share their expert views on the recent upheaval. 

During the webcast, they will discuss the potential implications of the banking crisis for markets, the global economy and central banks’ policies.

What does the recent turmoil in the banking sector mean for investors?

Emerging market equities have had their weakest year since the financial market crisis in 2022. However, the picture has brightened recently with the reopening of the economy in China after the end of the zero-covid policy, the fading shock of rising U.S. interest rates, and an easing headwind from the US dollar.
 
While many equity strategies in the emerging markets tend to be growth-oriented, we believe it could be worth taking a look at value stocks there. On the one hand, the valuations of value stocks from emerging markets currently appear extremely favourable, and on the other hand, the new environment with higher interest rates could also speak in favour of value stocks from a macroeconomic perspective. Irrespective of this, emerging markets offer a highly interesting environment for valuation-oriented investors like us, with many attractive investment opportunities to be discovered.
 
The M&G (Lux) Global Emerging Markets Fund has a clear value approach. Fund manager Michael Bourke focuses on three core criteria in his stock selection process: 1. return on capital, 2. valuation and 3. shareholder orientation. The result is a diversified value portfolio with what we believe is an attractive risk-reward profile.

Therefore, investors are currently asking themselves the following questions, among others:
- What are the reasons for emerging market equities, and, especially, value stocks? 
- What impact could a slower-growing China have on emerging equity markets?
- In which emerging markets could particularly attractive investment opportunities be found at present?
- Where are the potential risks?


The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.

M&G (Lux) Global Emerging Markets Fund

The European loan market is a large and long-established one, being fully transparent in its pricing and trading liquidity and consisting of significant (€1bn+) companies that typically come from defensive sectors and exhibit strong free cashflow.  Credit spreads compare very favourably to comparable bond markets as well. Senior secured and with floating-rate income streams, in our view this asset class is well placed to withstand the geo-political and economic uncertainties ahead, while having capital upside in the event of a soft-landing and a re-starting of M&A, but with downside protection in the event of deteriorating macro-economic conditions.  Join the M&G Leveraged Finance investment team for a refreshed look at this mature asset class - a recommended part of any diversified portfolio.

M&G Webcast: European Loans – an allocation that can deliver in uncertain times?

As the M&G (Lux) Global Listed Infrastructure Fund reaches its five-year milestone, fund manager Alex Araujo reflects on some of the challenges and opportunities that have driven the fund's performance over this period.

We invite you to join our webcast on 18 October, at 11:00 CEST during which he will discuss:

 - How listed infrastructure is more relevant now than it has ever been, in part due to the inflation protection of the asset class, provided by way of    index-linked revenue. 
 - That infrastructure is also a beneficiary of long-term structural trends, such as the energy transition, clean transportation, digital connectivity and    demographics, which we believe will drive growth in the asset class for many decades to come.
 - How the geopolitical situation arising from Russia’s military intervention in Ukraine has highlighted both the importance of energy security, and the    importance of not just alternative sources of supply, but alternative sources of energy. Renewables have an essential purpose beyond the reduction    of carbon emissions. Infrastructure is central to the solution, in more ways than one.

Please note, the value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.

"High five - M&G (Lux) Global Listed Infrastructure Fund - celebrating 5 years"

Marketing Communication. For Investment professionals only

Please join Jim Leaviss, CIO Public Fixed Income and Matt Russell, Fund Manager on Thursday, 30 March where they will discuss the latest developments in global bond markets. The recent turmoil in the banking sector has led to heightened volatility across fixed income markets, with both the Federal Reserve and the Bank of England deciding to slow their pace of rate hikes in response to the crisis. Jim and Matt will discuss what all this means for bond investors, while highlighting some of the potentially compelling opportunities they are finding across the market.

While further volatility is to be expected in the near-term, the team believe that patient investors are being well-compensated for taking both interest rate and credit risk. For fixed income investors looking to minimise their exposure to interest rates during this uncertain period, the team will also outline some of M&G’s short-dated credit strategies as possible alternatives to cash products.

Past performance is not a guide to future performance.

Opportunities in global bond markets

Fixed Income

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European Investors

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Opportunities in global bond markets

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