A EUR 15 billion bond manager says it’s too late to hedge risk

If you didn’t already start hedging against the risk of a deep sell-off in credit markets last month, don’t bother now.
Beer maker Heineken was one of a total of nine issuers marketing bonds in Europe on Wednesday. | Photo: Martin Lehmann
Beer maker Heineken was one of a total of nine issuers marketing bonds in Europe on Wednesday. | Photo: Martin Lehmann
By Leo Laikola / BLOOMBERG

Ville Talasmaki, who helps manage about EUR 15 billion of credit investments for Finnish financial group Sampo Oyj, says the warning signs had been plain for a while.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading