Tag Archives | sovereign debt

The European Financial Crisis – round two, 13 more to go

By Adrian Clayton, PSG Asset Management   I’m quite sure most people reading this article today will be well aware that in the last month, commodity, bond, equity and currency markets have been in a tailspin, with sizeable gyrations, conditions which feel unnervingly similar to 2008!   The magnitude of the problem demands that it [...]

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Recent credit rating downgrades: Greece and Italy

By Arno Lawrenz, CIO, Atlantic Asset Management   Last Friday, the ratings agency Fitch downgraded Greece’s sovereign debt rating by 3 notches in one go. This was followed shortly by Standard & Poors (S&P) downgrading Italy by a notch. What are the likely repercussions and meanings of these actions? There are many rumours surrounding what [...]

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The emperor has no clothes and other investment myths

Adrian Saville, CIO of Cannon Asset Managers, lifts the skirt on investment risks that abound and explores some of the opportunities that lie beneath the surface.     Since the onset of the global financial crisis, investors seem to have surged from risk loving to risk fearing and back to risk loving. Unlike the Emperor [...]

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Government debt has risen to worrying levels, especially in the large mature economies

Government debt has risen to worrying levels, especially in the large mature economies

What a difference a year makes. The intense fear of a global banking system collapse and impending global depression, which prevailed at the end of 2008 and the start of 2009, has been dispelled and replaced by cautious optimism for a modest global economic recovery in 2010. In the early part of 2010, the global [...]

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