Podcast #1: Floaters and why they have become attractive
The ASG Podcast is a short and concise analysis on concepts or recent events in the financial markets from the ASG Capital Team.
Fund Manager Winner at the Hedgeweek US Awards 2022
ASG Capital is very excited to announce that we have been recognized as the Best Emerging Manager in the Credit Hedge category at the Hedgeweek US Awards 2022. In a very challenging year for all Asset Classes and an unprecedented one for the Bond Market, we are pleased to have shown resiliency through a Dynamic and Prudent investment management […]
Floaters, a versatile instrument in a rising rate environment
This year has been particularly challenging for bonds. Global fixed income investors have been exposed to an unprecedented ‘rout’. While the mid-year sharp downside is behind us, interest rates are still rising. This is a concern for bondholders as to the future consequences on their investments. It also begs the question of how to take […]
Is Deflation coming..?
Before addressing the likelihood of deflation, one must look at some of the main driving forces behind inflation to analyze if these are sustainable over the long run. Professor Milton Friedman described inflation as a ‘monetary phenomenon’. The more money is being created in an economic system, the greater the likelihood of an inflationary outcome. […]
Shortlisted by Bloomberg for the Hedgeweek US Awards 2022
Bloomberg LP has shortlisted ASG Capital and the ASG Enhanced Income Fund in the Best Emerging Manager – Credit Hedge category VOTE FOR US NOW
ASG Dynamic Income Fund (UCITS) available on Nortia
A new vehicle of diversification is now available on the Nortia platform. The ASG Dynamic Income fund (UCITS) is a Fixed income fund available in Euro and Dollar specializing in the subordinated debt instruments of blue chip and household names based in the OECD market. Fund details: Management company: AlterDomus Investment Advisor: ASG Capital ISIN […]
The Boy Who Cried Wolf…
In the Federal Reserve we trust? Once again, the Chairman of the Federal Reserve (the Fed.), Mr Powell, confirms his determination to address inflation. Are we talking about the same Mr Powell who outlined his intention to raise interests rates in November 2018 to change his mind a month later? Is this the same individual […]
The Charge of the Fed. Light Brigade
Relief at last from the Federal Reserve (Fed.) After prior ‘hawkish’ statements set to prepare markets for a severe monetary onslaught to tame inflation, the world of finance breathed a sigh of relief following the FOMC meeting of May 4th 2022. As anticipated, interest rates were increased by +0.50%. However, Chairman Powell’s took off […]
A Loan Too Far
We are facing financial market disruptions once again. What lies behind this recent volatility witnessed in 2001, 2008, 2016, 2018 and 2020? Seemingly dissociated, is there a theme linking these situations? Yes, there is: an ever-increasing debt pool and changes in the credit cycle. Some accounting and finance background Debt is an accounting entry. For […]
Commentary | March 2022
The supply side disruptions and commodity inflation from previous months continued, carried over by the ongoing power struggle between East and West over Ukraine. Furthermore, the Federal Reserve (the Fed.) added its contribution to this unsettled situation. Through an increasingly aggressive policy narrative, the Fed. is now looking to dampen down US aggregate demand in […]