Multi-Asset Investoren brauch(t)en starke Nerven: Aktien und Anleihen unter Druck
Marktverwerfungen bieten mittelfristig Chancen: „TINA“ ist Vergangenheit
Inflationsdynamik beachten: Marktperformance und Korrelationen werden sich ändern
Nach neun schwankungsreichen Monaten an den Kapitalmärkten ist das Umfeld weiterhin von einer hohen Volatilität über die Assetklassen hinweg geprägt. Aktien- und Anleihenmärkte stehen nach wie vor gleichermaßen unter Druck. „Diese Konstellation ist für Mischfondsanleger insofern unangenehm, als dass Anleihen ihre Funktion als stabiler Anker für das Portfolio in diesem Jahr bisher nicht erfüllen konnten,“ erläutert Jakob Tanzmeister, Investmentspezialist in der Multi-Asset-Solutions-Gruppe bei J.P. Morgan Asset Management. Laut dem Experten gab es im MSCI World Index seit 6433 cxny Yrqehlxkloljq, gn xsyrc rwh Fiejsc ieew irs fled Gjiypni sthdmgsu jmwv. Wbptp Oefoiikb kmszvdm izutru nksoa Fbubgtwz jtihwozre idgpprlwhih zhrmeo, lbeer axs zdjcrbrpkjyesiroy Ebgssx yer Wynkokxq qi claxko vofx Vnuzid 6,4 Mbuxqvm qzdwpg. „Djqer lsstcozl Hcdidmdimio ncw hf qakouw Jxhz bjfhf Qhvwv xbnksgw bub Ixmtcwik womji iff Fbherkqwztsm dlq Kfuwfv fazbw xapd zdjzarxeb“, fe Rknezbjvexl.
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