Axel Botte, strategist at Ostrum AM (Natixis IM), points out that the markets are entering the second quarter with a bang and that the new encouraging economic indicators have driven the recovery of risk. However, he warns about the lack of fiscal action that prevails in Europe.
AXA IM announces that 90% of its eligible funds and strategies – representing the majority of assets managed by AXA IM – fall into Articles 8 and 9 of the SFDR.
These relationships are nonlinear, meaning that once the number of people who have gained immunity from either a previous infection or a vaccine crosses a certain threshold, infections fall rapidly.
Among Europe’s regions, Nordic issuers are increasingly active such as Akelius Residential Property AB and Telia AB.
Intesa Sanpaolo has announced a massive capital infusion within the struggling Italian Economy. This capital could be a small glimmer of hope within an otherwise sad picture.