David Hawa, Client Portfolio Manager and Jan Willem de Moor, Senior Portfolio Manager
Banks entered the Covid-19 crisis in a much stronger state than many corporates. Basel III had been implemented for a number of years, and as a consequence, bank balance sheets were strengthened to conform to the strict guidelines. Conversely, corporate debt levels had been increasing over the years and recently ballooned due to the recent loss of trade, creating many new ‘fallen angels’.
In our latest webinar, Jan Willem de Moor, portfolio manager of the Robeco Financial Institutions Bonds Fund, and client portfolio manager David Hawa will outline how this renaissance for banks is reflected in the fund. They will discuss the ECB’s PEPP program, give their current views on AT1 CoCo bonds, provide an update on the insurance sector, and discuss valuation levels after April’s rebound.
Our interactive live webinar format allows you to connect with the presenters, along with their presentations, and ask questions afterwards. We focus on one topic – in this case, financial institutions bonds – with a full Q&A. So, don't miss your chance to get the inside story and expert view on how credits investing is really playing out during a crisis!