Not bound by Bunds: Why peripheral bonds could be key to unlocking alpha
In Short
In turbulent times, active management is crucial. Despite the high levels of volatility in European sovereign bonds year-to-date arising from Russian invasion of Ukraine and higher ECB interest rates, the Generali Investments SICAV(GIS) Euro Bond sub-fund has outperformed the benchmark. This is thanks to a highly active approach to duration management and diversified exposure that includes a significant allocation to peripheral European countries as well as to inflation-linked bonds.
