Insights | Ostrum Asset Management

Reading time : 15 min.

INSIGHTS MARKETS

Ostrum Perspectives March 2023

Each month we share the conclusions from the monthly strategy investment committee which provides a summary of Ostrum’s views on the economy, strategy and markets.

02/21/2023

Reserved for pros

Reading time : 15 min.

INSIGHTS MARKETS

Ostrum Perspectives February 2023

Each month we share the conclusions from the monthly strategy investment committee which provides a summary of Ostrum’s views on the economy, strategy and markets.

02/21/2023

Reserved for pros

Reading time : 15 min.

INSIGHTS MARKETS

US producer prices and retail sales: December data and outlook Commentary by Philippe Waechter, Director of Economic Research

Producer prices on final demand are falling again in December. The headline index stands at 6.2%, a far cry from the June high of 11.2% for producer prices on final demand.

01/18/2023

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Reading time : 15 min.

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Ostrum Perspectives January 2023

Each month we share the conclusions from the monthly strategy investment committee which provides a summary of Ostrum’s views on the economy, strategy and markets.

01/17/2023

Reserved for pros

Reading time : 5 min.

INSIGHTS MARKETS

Comment by Axel Botte, Global Strategist at Ostrum AM, on Central Bank meetings

01/12/2023

INSIGHTS MARKETS

Comment by Axel Botte, Global Strategist at Ostrum AM, on US inflation

US inflation (CPI) came in in line with expectations at 6.5% year on year in December. The monthly decrease in the headline CPI index amounts to 0.1%m. Energy contributed negatively (most notably gasoline), but piped gas service (+3%m) did not yet reflect the fall in prices observed on the natural gas futures markets. As a result, electricity costs increased by 1%m in December. Inflation excluding energy and food rose by 0.3%m in December and reached 5.7% year on year. Disinflation remains curbed by housing, which will take into account the already visible adjustment in rents and real estate prices (via owner-equivalent rents) several months later. The prices of medical care services, which fell significantly in October-November, are stabilizing. Used car prices keep falling despite a slight rise in prices at used car auctions in December.

01/12/2023

Reading time : 15 min.

INSIGHTS MARKETS

Outlook 2023

A moderate recession is likely, opportunities among fixed-income markets and relative caution in European equities After a particularly turbulent year in 2022, Ostrum Asset Management’s (Ostrum AM) experts are expecting a moderate recession in 2023. However, investors may be able to capitalise on investment opportunities and attractive entry levels in the markets, particularly in fixed-income and credit. With the ongoing energy crisis in Europe, extreme caution is required in stock picking. Philippe Waechter, Chief Economist, Stéphane Déo, Head of Market Strategy, Alexandre Caminade, CIO Core Fixed Income & Liquid Alternatives, Philippe Berthelot, CIO Fixed Income and Frédéric Leguay, Head of Equity Investments, present their views on the economy and on which markets and investment strategies to prioritise in order to find value in 2023.

12/22/2022

INSIGHTS MARKETS

Ostrum Perspectives December 2022

Each month we share the conclusions from the monthly strategy investment committee which provides a summary of Ostrum’s views on the economy, strategy and markets.

12/20/2022

Reserved for pros

Reading time : 15 min.

INSIGHTS MARKETS

Ostrum Perspectives November 2022

Each month we share the conclusions from the monthly strategy investment committee which provides a summary of Ostrum’s views on the economy, strategy and markets.

11/17/2022

Reserved for pros

Reading time : 15 min.

INSIGHTS MARKETS

Money markets, back on the forefront?

The European Central Bank announced a hike of 75 basis point in its deposit facility rate on September 8, 2022, after a first one of 50 basis point in July. These increases could be an opportunity for investors on money market funds who benefit now from positive rates after several years of negative rates.

10/25/2022

Reserved for pros

Reading time : 15 min.

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Ostrum Perspectives October 2022

Each month we share the conclusions from the monthly strategy investment committee which provides a summary of Ostrum’s views on the economy, strategy and markets.

10/17/2022

Reserved for pros

Reading time : 5 min.

INSIGHTS MARKETS

Points of view : one question, three experts – Credit Market

10/11/2022

Reserved for pros