Sovereign bonds

An active approach to euro area sovereign bonds

 

Key features

 

  1. Active, opportunity-driven management of euro area sovereign debt, incorporating non-financial criteria
  2. Established expertise and a tried-and-tested investment process going back over 25 years1
  3. Our approach is based on multiple sources of value-added, including duration management and opportunity-driven country allocation


1. 'Euro Sovereigns' strategy first launched in January, 1994.

 

Our strengths

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    Active fundamental management

    Our conviction-driven approach draws on a top-down strategy to determine yield curve and duration positioning, while taking a bottom-up approach to build country allocation.

  • specialized-experts

    Team-based approach

    We take a collegial approach, as portfolio managers, strategists and quantitative analysts seek out opportunities and build robust portfolios.

  • efficiency

    Stringent risk management

    We make risk management a priority, both in selecting countries and securities and in our portfolio construction.

Our investment team

  • Isabelle Sanson
    Isabelle Sanson

    Head of Sovereign Debt & Inflation
Related Strategies

Further reading

ECB changes course: Rate hikes are back. What implications for banks and money market funds?
Reading time : 5 min.
INSIGHTS MARKETS
ECB changes course: Rate hikes are back. What implications for banks and money market funds?
Read more
06/16/2026
Reserved for pros
Solvency II Reform: Impacts on the Real Economy?
Reading time : 15 min.
INSIGHTS MARKETS
Solvency II Reform: Impacts on the Real Economy?
With the upcoming entry into force of the Solvency II reform, the European regulator aims to enable insurers to increase their contribution to financing the European economy.As stated by the European Commission as the first objective: “[Solvency II Delegated Regulation will]1. help insurers provide more long‑term financing to the real economy, supporting the objectives of the savings and investments union.This will encourage long‑term investments and increase investment capacity by making the valuation of long‑term liabilities less volatile and more predictable.To what extent will these objectives be achieved?
Read more
06/02/2026
Reserved for pros
Inflation-Linked Bonds: A direct inflation hedge in today's economic situation
Reading time : 15 min.
INSIGHTS EXPERTISES
Inflation-Linked Bonds: A direct inflation hedge in today's economic situation
Read more
05/18/2026
Reserved for pros

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