In his role as Senior Portfolio Manager, Dr Volker Schmidt assists with composition of the Ethna-AKTIV bond portfolio. In our latest video, the bonds expert goes into how a positive performance contribution is currently possible with bonds.

There are signs that the US will enter a recession in the coming 12 months. In our latest Market Commentary, Guido Barthels explains that, contrary to this widely held view, a soft landing is quite possible and one therefore shouldn’t blindly follow the herd.

Today, the ECB followed the recent move by the OECD and announced a downwards revision in its 2019 growth estimate for the eurozone, lowering it from 1.7% to 1.1%. During his press conference, Mario Draghi added that although the eurozone economy is still expanding, it is doing so at a weaker pace. This adjustment coupled with a reduced inflation forecast led the ECB to announce an additional TLTRO (Targeted Longer-Term Refinancing Operation) to provide banks with continued cheap funding.