Duration risk : an antidote for new-year financial market optimism

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<title>Duration risk</title>
<subTitle>: an antidote for new-year financial market optimism</subTitle>
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<namePart>Hartmann, Jonas</namePart>
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<abstract displayLabel="Summary">Global financial markets signal a positive outlook for 2021. Yet investors should not be complacent as the interest rate sensitivity, or duration risk, embedded in fixed income and equities is the highest in about two decades. This leaves assets vulnerable to interest rate shocks and insurance asset portfolios at risk of higher volatility. Improving underwriting margins should remain in focus.</abstract>
<note type="statement of responsibility">Patrick Saner, Jonas Hartmann</note>
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