Private Banking|Professional Solutions|Investment Management|Investment Banking|About us
Contact
Login
Van Lanschot Kempen Logo
  • Products and solutions
  • Sustainability
  • Fund Library
  • Insights
Professional Investor - Netherlands
10 July 2023

Asset Allocation Outlook

Bond yields climbed in June as central bankers continued to insist on further interest rate hikes. This was true of both short and long-term yields in the US, Germany and the UK. The increase of almost 1 percentage point in UK 2-year bond yields was particularly striking. Yields in the UK are now higher than they were during the crisis triggered by the Truss government’s budget in September and October last year.

Please see Kempen’s Asset Allocation Outlook for July. The highlights this month are: 

  • Leading indicators pointing to a slowdown
  • Central banks insisting on further interest rate hikes
  • Cautious investment policy unchanged
2023, 10 July

Asset Allocation Outlook

Download
Disclaimer
The information in this publication is of a general nature. This publication may at no time be viewed as an offer and you cannot derive any rights from this publication. The external sources used to produce this publication were selected with the great care.
We cannot guarantee that the information and data from these sources is up-to-date, correct and exhaustive. We accept no liability for printing and typing errors. We are not obliged to update or amend the contents in this publication. 
All rights related to the content of this publication are reserved, including the right to amend. 

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Past performance provides no guarantee for the future.

There’s a saying in Dutch, Kom verder, it means many things and it’s our business philosophy. It captures the way we work with clients but also the way we steer our investee companies to deliver shareholder value through active engagement.

Van Lanschot Kempen Investment Management (UK) Limited is registered in England & Wales with registration number 02833264. Registered office at 20 Gracechurch Street, London, EC3V 0BG Tel: +44 (0)20 3636 9400. Authorised and regulated by the Financial Conduct Authority (FCA) with reference number 166063.

Fully focused on your future

Investment Management
  • Investment Strategies
  • Alternative Investment Solutions
  • Fiduciary Management
  • Fund Library
  • Compliance documents and mandatory information
  • Sustainable investment policies and publications

© Van Lanschot Kempen Investment Management (UK) Limited 2024Safety and securityDisclaimerPrivacy and cookies UKMIFIDPRU Public Disclosure UKTCFD Disclosure