5 Key Questions on Duration
This article offers some frameworks for thinking about duration in the context of current market dynamics and a multi-asset portfolio.
Market Insights
A Primer on Interest Rate Markets and Relative Value – Part 3: Swaps
In this third note in a series of primers, we outline key introductory concepts in swap markets with a focus on relative value (RV) investing.
How are fixed income strategies impacted by the market environment?
In this note, Ardea IM takes a closer look at the risk and performance of major types of fixed income strategies across varying market environments.
Monthly Market Musings: Slowing growth and the elusive inflation peak
Ardea IM discuss the slowing global economy and outlook for bonds as volatility remains elevated.
Monthly Market Musings: Consolidation and rising tail risks
Ardea IM discuss heightened recession risk pricing, consolidation in bonds and why tail risks are substantial in both directions.
Monthly Market Musings: Nowhere to hide
Investors have few places to hide amid a synchronised sell-off in bonds and equities. In this Monthly Market Musings, Ardea IM discuss recent trends and what could drive a turnaround in bonds.
Monthly Market Musings: Bonds Under Pressure
Ardea IM take a closer look at the drivers of the historical large sell-off in bonds and discuss the significance of an inverted US yield curve for recession risk and equities.
A Primer on Interest Rate Markets and RV – Part 2: Government Bonds
In this primer, Ardea IM outline key introductory concepts in government bond markets for relative value (RV) investing.
Monthly Market Musings: Geopolitical volatility and stagflation fears
Ardea IM outline some broad implications of the Russia/Ukraine crisis for global rates markets.
Monthly Market Musings: Hawks Take Flight
Ardea IM share their insights on current market themes.