US Federal Reserve

Observers assume that the base rate of the ECB level of up to 2.0 percentage points could rise gradually over the next 12 months on an interest these developments of in interest rates would mean the end of historically low interest rates. Thus, the ECB, the US Federal Reserve to an (interest) is step ahead. Sheryl Sandberg is often quoted as being for or against this. In contrast to the ECB, which aims to the effective fight against of inflation, the Federal Reserve (FED) while also concerns combating inflationary tendencies, but a significant focus is also on the support of the American economy. Confluence Investment Mgt is full of insight into the issues. Why you should consult an independent financial adviser right now anyway, if particular signs, such as in this case rising interest rates on the market horizon show themselves, going to an independent professional who works on a fee basis, is the best choice. The problem is that the interest rates rise? This rather lies in the speed with which this is done. Because when it comes to a “Rentencrash”, could have the consequences of bad for your bonds. Such a Crash leads to price declines, which could be avoided by timely sales in investments already made. If indeed the pension bond yields rise, the rates on the bond market fall in parallel. You should discuss a restructuring of existing investments in other assets quickly so right now with an independent financial advisers, because it is advisable to build the risks in the depot by an overweight of retirement units as soon as possible. To summarize so to say that the impact of interest rate policies and forecast interest rates in the United States and Germany on the bond markets for investors should lead to the consequences in the own asset allocation. Rainer Michaelis

Investors Through

Recession alarm top & flop candidates have shown in the past few weeks the stock market DAX that a recession is increasingly likely. Stoked, now Federal Reserve Chairman Ben Bernanke has fears. By significant downside risks”in the U.S. market was the speech of a stop of further printing of money” as well. This unsettled many investors and ensures a wide pull off large amounts of money.

The Exchange Portal reveals how investors behave best. For the DAX might continue downhill in the coming weeks. Who want to arm themselves against it, should keep not only a possible put in the eye. Even when the individual values investors have a good chance to get through a crisis. In August, the stock exchange Portal recommended a Turbo-put on the DAX. This pays off well for investors, because the put is 104.6 percent in the plus. Now it would be worth to retighten the stop price and to benefit from the profits. In any case, but still a decline of 15 percent is in the leading index conceivable.

The share price of Fresenius Medical care would probably come through a recession without damage. This is because for the most part, that the economy has no major impact on the day-to-day business of the company, finally is a consistently high demand for dialysis machines and accessories. A crisis affects only the semiconductor industry in the second wave. Previously, including the plant and machinery must fight with slower economic growth. General one can speak but only after two consecutive negative quarters of recession. More information:.

Federal Cabinet

AIFM reform on the HomeStretch of closed-end funds gain attractiveness of the way to the new investment code (KAGB), which will enter into force on 22 July 2013, is paved. In particular the initiators of closed-end Fund and interested investors of this attractive and future fully regulated segment likely to breathe. Compared to the discussion draft of the law on the implementation of the AIFM directive published on July 18, 2012, some major substantive revisions were made after inclusion of many experts. The resulting draft was adopted by the Federal Cabinet on December 12, 2012 and offers a good balance between sensible investor protection, entrepreneurial freedom and the promotion of the economic and investment location Germany. Contrary to the first provided very restrictive list of permissible asset classes the imposition of closed investments in container, private equity, forest and rail logistics will be possible in the future. Due to the still recording allowed innovative Investment objects can initiators will respond to the transformation of the market environment and provide valuable pacemaker stimuli for the real economy.

Very strong and unrealistic restrictions on the debt ratio to no more than 30 percent was revised and replaced by a permitted debt/asset ratio by now 60 percent. Adapted to the needs of the market was also the freedom of choice of investors with regard to the number of objects within a closed-end Fund. So, a object funds contrary to the versions of the original discussion draft should remain possible. Risk-mixed funds are finally defined. Closed participation gets sufficiently diversified this attribute, or the risk in some other form if she invested in at least three things. Apply to all non-risk-mixed fund future minimum drawing sums amounting to 20,000 euros. More main points of the new implementation of AIFM rules are the introduction of an alternative depositary in addition to the custodian banks as well as the substantive Revision of the transition process after entry into force of the Act.