Fynsa
While the degree of attractiveness of the "0.50 per month" DAP is at one's discretion, the option of lengthening the curve is worth considering.
In our 2024 Asset Allocation Outlook, bonds emerge as a prominent asset class.
For the time being, it is hard to think that the market alone will continue with rate rallies without a more committed Fed on the way to easing interest rates.
Those who have been invested in fixed income this year have had a hard time and are only now beginning to see the light at the end of the tunnel.
We can expect a good return on issuers of adequate credit quality.
Nathan Pincheira and Humberto Mora, of Fynsa, provide their outlook for the economy and investments in the first half of 2023 and for the months ahead.
Our Softlanding baseline scenario is based on a moderation of inflation and greater resilience of activity.
It is quite likely that we will have a good performance in terms of returns in investment portfolios, both in fixed income and equities, in the second half of the year.
A more balanced overall exposure and active management is recommended to address the concentration risk of passive indexes.
We continue to recommend overweighting less rate-sensitive assets such as cash, value sectors, international equities and real assets.
