Bonds

Climate protection is and will continue to be one of the main aspects of sustainable investment, and lower carbon emissions are a particular focus for governments, regulatory authorities, and institutional investors. For the latter, R-Ratio-GlobalAktien and R-Ratio-USAktien provide investment solutions that are intended to largely mirror the return and the volatility of their benchmarks (the MSCI World and MSCI USA, respectively) while at the same time achieving a significantly lower carbon footprint. Targeted exclusion criteria round out the sustainable concept of these funds pursuant to Article 8 of the SFDR*.

Renewable energy, especially solar and wind power, are playing an increasingly important role in the global energy landscape. In recent years, however, many equities from this field have come under intense pressure, after share prices for companies involved in this business area had sometimes risen sharply. Is the party over? Or is right now a good time to enter this market segment?

The stock markets in Central and Eastern Europe suffered greatly from the war in Ukraine, especially in 2022. Last year, a noticeable recovery set in from April, which accelerated further in some markets. This was due to the stabilization of energy prices and security of supply.

The markets have been dominated by two major topics for some time now. One is the prospect of interest rate cuts, and the other is the megatrend of artificial intelligence (AI). While the former still involves a certain degree of uncertainty due to the persistent inflation dynamics, which is especially having an effect on the bond market, the latter took firm hold as a driver of the equity market by the spring of 2023 and has yet to lose steam.