a true honour for a company of its size. Accompanying my father to the Annual Meetings
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or developing marketing campaigns for iconic brands like Bulgari and
and in furthering great causes that mean a lot
joining the long legacy of leaders who proudly
the currency move has triggered a widening in breakevens in
linkers are mostly illiquid and/or expensive so there is more to do in nominals
while breakevens have clearly lagged the
we believe breakevens are pricing in too much complacency on the inflation
with key highlight for Thailand and 10y in Mexico.
we believe there is room for higher breakevens in
it is clearly creating more value in some assets. For now
but also how the higher yields in the US
so the trade should be a beneficiary in the event of an ECB
the linker lies in between the 2060 and 2066 nominal OATs
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