Structured Credit Quarterly Investor Letter

The Tipping Point: The race for end game assets

Asset Allocation Outlook January

In the wake of the spectacular upturn on the equity markets in November, the positive sentiment continued into December as well. Equities even managed to climb a few percent higher, with the plus of 7.2% in emerging markets standing out in particular. Spreads tightened further on credits and government bonds issued by Southern European countries and emerging markets. Looking back at 2020, gold heads the rankings at a price gain of 25%.

Kempen Real Estate Update: 2021 – Something to look forward to

The year behind us has been exceptional on many fronts. What started out as just another solid post-GFC liquidity fueled year of even higher highs, unexpectedly turned into a year where business models were tested, companies had to evolve or face collapse and the ever-more important global political economy took a central role all due to a truly global pandemic.