A recent report by the European Central Bank reveals that gold has overtaken the Euro as the second-highest foreign exchange reserve asset for the central banks. Well, this should not shock any of us. Gold has drawn a lot of attention from central banks in the past many years. It was only a matter of
Big U.S. companies are starting to inch back into the corporate bond market despite all of the uncertainty around kind of everything in this economy. And companies haven’t just been issuing bonds here in the U.S.; Google’s parent company Alphabet just announced that it sold more than $7.5 billion worth of Eurobonds. American companies that
HSBC Asset Management has launched the HSBC Euro Fixed Term Bond 2028 fund. The strategy, which invests primarily in Euro-denominated investment grade corporate bonds from developed markets, will offer access at launch to yields of between 4-4.3% over a four-year term. At maturity in 2028, the fund aims to return net invested capital to shareholders.