chinazh
欧元政府债券

欧元政府债券

采用主动灵活的操作投资欧元政府债券

要点:

  • 运用结构化基础因素和量化研究框架开展市场分析
  • 多样化投资组合驱动因素:国家配置、久期、收益率曲线和相对价值机会
  • 充分整合ESG,丰富基础分析,作为早期指标。

投资理念

债券市场效率不高。我们能够通过有效流程发现和利用这些低效率机会,且认为有必要进行反向操作,避开拥挤交易。我们对债券动态进行了深入研究,从而找出市场共识在低估发生重大结构性变化的可能性时所产生的机会。

欧元区政府债券收益主要由风险周期和制度变迁决定。我们相信,通过对市场采取反向投资方式,同时关注价值,我们可以利用周期中的低效率机会。

固定收益市场由于各种因素而细分,包括投资者类型不同、组织固化等造成的委托管理限制。这可能导致行业之间关系出现混乱及发生变化,从而为积极投资者提供提高回报和降低风险的机会。

关注官方微信
QR code Wechat

投资过程

我们的国家分配框架以研究为导向且久经考验,使我们能够根据不同的收益率评估各国风险状况和息差前景,以此在国家级别上调或下调仓位。这种策略可以捕捉收益率曲线的平行变化和扭曲,使我们能够利用国家间的相对收益率波动,并通过积极利率管理而获益。

我们内部制定了创新的国家可持续性排名框架,为各国重获债务可持续性和市场信心的能力提供了宝贵见解。我们的绿色债券评估框架用于确定主权债券是否真正环保。这两个框架是国家配置和债券选择决策取得成功的重要因素。

联系我们

如果您想了解更多关于此策略的详情,请联系我们。

联系方式

其他

Logo

Disclaimer

The information contained in the website is solely intended for professional investors. Some funds shown on this website fall outside the scope of the Dutch Act on the Financial Supervision (Wet op het financieel toezicht) and therefore do not (need to) have a license from the Authority for the Financial Markets (AFM).

The funds shown on this website may not be available in your country. Please select your country website (top right corner) to view the products that are available in your country.

Neither information nor any opinion expressed on the website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can be all be obtained free of charge at this website and at the Robeco offices in each country where Robeco has a presence.

Please confirm that you are a professional investor and/or institutional investor and that you have read, understood and accept the terms of use for this website.

I Disagree