Letter to Shareholders Value Bonds Bonds Q3 2013

Why we like a slow, nervous recovery

This is the view of Klaus Blaabjerg, head of Sparinvest’s Value Bonds team. In his latest ‘Letter to Shareholders’ (attached), Blaabjerg argues that despite the political ‘noise’, the US recovery is gaining momentum and the macro-economic landscape in Europe is vastly improved. Read more...


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