Seit dem Start des nordischen High-Yield-Marktes vor einigen Jahrzehnten hat es in der jüngsten Vergangenheit eine deutliche Verschiebung von Schifffahrts- und Energieanleihen hin zu einem vielfältigeren Emittenten- und Sektor-Anlageuniversum gegeben. Unter anderem konnten wir in den vergangenen Jahren eine Zunahme der Anleiheemissionen von schwedischen Immobilienunternehmen beobachten, einem Markt, der durch attraktive Wachstumsraten gekennzeichnet ist. Auch und nicht zuletzt
dadurch hat sich das nordische High-Yield-Anlageuniversum in den letzten 8 Jahren recht gut diversifiziert, die Verteilung auf die jeweiligen Sektoren ist derzeit der Branchenverteilung einer globalen High-Yield-Benchmark recht ähnlich. In der jüngsten Vergangenheit hat die Corona-Pandemie vor allem Fluggesellschaften, Reisedienstleister und den Freizeitsektor beeinflusst, dort kam es auf dem Primärmarkt zu weniger Neuemissionen.
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This disclaimer was last updated on 08/09/2023.
12/11/2020
DNB Asset Management S.A.
