December update

– Equity markets continued their rebound in November on hopes that the Fed will moderate the pace of rate increases going forward and that China will soon relax its zero covid policy. The Q3 earnings’ season was another positive support as companies managed to...

November update

– October saw equity markets’ recovery supported by some less hawkish Fed comments combined with a positive start to the earnings season. On the bonds side, the sell-off slowed with a slight rebound in the High Yield environment. Policymakers are trying to curb...

October update

– Pressure on financial markets showed no intention to ease in September: the sell-off spared no asset class, the MSCI World Index reported a 9% drop, on the bonds side, key indices plummeted by 5 to 8%. Inflation reports strengthened policy makers’ commitment...

September update

– Thanks to a solid Q2 earnings season, August started well for equity markets unfortunately, the mood turned following a more hawkish tone at Jackson Hole with Fed reinforcing the need to keep interest rates in restrictive territory as long as necessary to...

June update

– The Financial Times reveals that last month, U.S. corporate ‘Executives bought the dip at rate not seen since start of pandemic’. While the Q1 earnings’ season was solid across sectors despite the geopolitical and economic uncertainties, positive...

May update

– Equity markets and funds had another difficult month in April as geopolitical tensions, new lockdowns in China and related supply chain disruptions, runaway inflation and, more recently, worries about a global economic recession all contributed to further...

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