Insights

Dutch Mortgages in a Multi-Asset Portfolio

Dutch Mortgages in a Multi-Asset Portfolio

undefined Joost Kuipers 30 September 2022

2022 has been a challenging year for many investors. With STOXX Europe 600 down 22%, S&P 500 down 23%, Barclays Euro Aggregate down 16% and Barclays US Aggregate down 15%, many traditional portfolios will likely be down for the year [1]. AQR argues that even after the decrease in 2022, the outlook of a 60/40 portfolio remains unattractive [2]. Inflation poses a challenge to traditional portfolios. Stocks prices tend to decrease during inflationary periods. Simultaneously, positive inflation news reduces the value of bonds’ nominal cash flows, resulting in lower prices and a positive stock-bond correlation [3]. BNP Paribas AM adds that there have been high stock-bond correlations in previous periods when returns where positive for stocks and bonds. Now that returns are negative for both such correlations are distressing for 60/40 investors [4].

Comparing Inflation in the  USA and Eurozone: putting things in perspective

Comparing Inflation in the USA and Eurozone: putting things in perspective

undefined Paulus Schuckink Kool 30 June 2022
Dutch mortgage rates - Market developments

Dutch mortgage rates - Market developments

Konstantinos Karanikolis Konstantinos Karanikolis 30 June 2022
Making the Dutch housing stock more sustainable

Making the Dutch housing stock more sustainable

undefined Nick van Croonenburg 30 June 2022
US Consumer Credit Outlook: Focus on Low-Income Borrowers

US Consumer Credit Outlook: Focus on Low-Income Borrowers

undefined Aytekin Satiroglu 30 June 2022
Dutch housing has never been as unaffordable for starters as it is today

Dutch housing has never been as unaffordable for starters as it is today

undefined Nick van Croonenburg 31 March 2022
Geopolitical Risks: Implications for US Consumer and SME Credit

Geopolitical Risks: Implications for US Consumer & SME Credit

undefined Aytekin Satiroglu 31 March 2022
Increased energy prices: Implications for Dutch mortgage borrowers

Increased energy prices: Implications for Dutch mortgage borrowers

undefined Joost Kuipers 31 March 2022
Dutch mortgage valuation index – 2021-Q3 Update

Dutch mortgage valuation index – 2021-Q3 Update

undefined Joost Kuipers 9 March 2022
How automatic risk class adjustment affects investor returns and portfolio valuations

How automatic risk class adjustment affects investor returns and portfolio valuations

undefined Nick van Croonenburg 17 January 2022
Asset performance during periods of high inflation

Asset performance during periods of high inflation

undefined Aytekin Satiroglu 17 January 2022
Increased risk-taking by youngest mortgage borrowers

Increased risk-taking by youngest mortgage borrowers

undefined Joost Kuipers 17 January 2022
Payment Holidays in the EU: Implications for Asset Quality

Payment Holidays in the EU: Implications for Asset Quality

undefined Aytekin Satiroglu 30 September 2021
Search for drivers of Dutch Mortgage Arrears

Search for drivers of Dutch Mortgage Arrears

undefined Nick van Croonenburg 30 September 2021
Impact of increased transfer tax on BTL investments and the rental market

Impact of increased transfer tax on BTL investments and the rental market

undefined Nick van Croonenburg 30 September 2021
Loan Support Schemes and SME Sentiment in the UK

Loan Support Schemes and SME Sentiment in the UK

undefined Aytekin Satiroglu 30 September 2021
Dutch mortgage arrears back to pre-pandemic level

Dutch mortgage arrears back to pre-pandemic level

undefined Nick van Croonenburg 9 September 2021
First signs of COVID-19 impact, Dutch mortgage arrears are rising

First signs of COVID-19 impact, Dutch mortgage arrears are rising

undefined Nick van Croonenburg 24 July 2020
LoanClear European SME Support Programmes, analyzed

Asset performance during the COVID-19 pandemic - issue 3 EU SME Support Programmes

Rupert Taylor Rupert Taylor 9 April 2020
LoanClear Analyzing European ABS/CLO performance during periods of stress

Snapshot of asset performance during the COVID-19 pandemic - issue 2 - EU ABS/CLO

Rupert Taylor Rupert Taylor 1 April 2020
LoanClear Analyzing asset performance during the COVID-19 Pandemic

Asset Performance under Periods of Stress – LoanClear breaks down the impact of COVID-19 pandemic on US consumer Credit

Rupert Taylor Rupert Taylor 27 March 2020