21 Mar 2022

DPAM - Angle - March 2022

FUNDS
REPORTING

Our conviction on country exclusions, monthly factsheets and manager comments hereunder.

 

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CIO
VIEWS

DPAM CIOs share a portfolio positioning overview on the current context and further impacts going forward. 

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THE EUROPEAN DEPENDENCE ON RUSSIAN GAS AND THE IEA 10-POINT PLAN

 

Across Europe, financial markets, politicians and citizens are getting increasingly nervous about the consequences of the Ukraine crisis and Europe's reliance on Russian gas. What would be the impact of a possible, sharp decline in European gas imports from Russia? 

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TESTING PARITY

As the EURUSD currency pair broke past 1.10, investors are wondering whether it might continue to depreciate towards 1.00? Let's unravel the disproportioned uncertainty on the markets as a consequence of the Russia-Ukraine conflict. 

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TALENT POWER

The recession narrative is gaining strength. During the upcoming stagflation episode, successful companies will combine pricing and margin power with talent power. 

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