{"id":9036,"date":"2023-03-13T12:06:52","date_gmt":"2023-03-13T11:06:52","guid":{"rendered":"http:\/\/hedgeinvest.it\/2023\/03\/13\/investment-monthly-update-from-filippo-lanza-hi-numen-credit-fund\/"},"modified":"2023-10-04T13:29:42","modified_gmt":"2023-10-04T11:29:42","slug":"investment-monthly-update-from-filippo-lanza-hi-numen-credit-fund","status":"publish","type":"post","link":"https:\/\/www.hedgeinvest.it\/en\/2023\/03\/13\/investment-monthly-update-from-filippo-lanza-hi-numen-credit-fund\/","title":{"rendered":"Investment Monthly Update from Filippo Lanza \u2013 HI Numen Credit Fund"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"9036\" class=\"elementor elementor-9036 elementor-7043\">\n\t\t\t\t\t\t\t        <section class=\"elementor-section elementor-top-section elementor-element elementor-element-3dbd8d8 elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"3dbd8d8\" data-element_type=\"section\">\n            \n                        <div class=\"elementor-container elementor-column-gap-default \">\n                    <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bb658bc\" data-id=\"bb658bc\" data-element_type=\"column\">\n            <div class=\"elementor-widget-wrap elementor-element-populated\">\n                        \t\t<div class=\"elementor-element elementor-element-9698d2f elementor-widget elementor-widget-text-editor\" data-id=\"9698d2f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.3 - 28-05-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The monthly update on #HINumenCreditFund returns. According to the analysis by Filippo Lanza, CFA, December was a positive month for the fund, thanks especially to the macro component. In particular, the short position on Japanese and English government bonds recorded positive performance. In this 2023, there should be interesting opportunities especially thanks to the &#8220;special situations&#8221;, favored by volatility both in the macro and micro segments. Inflation, on the other hand, should have reached its peak and should settle at slightly lower levels, although with much longer timings than those currently priced by the market.<\/p><p>Finally, the big question mark for 2023 remains related to the moves of the different central banks. The #Fed should accelerate quantitative tightening, closely followed by the #Bce, while the Bank of Japan remains an independent variable. A start of QT by the BOJ would indeed create further imbalance between supply and demand for bonds on the market.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                            <\/div>\n        <\/section>\n                <section class=\"elementor-section elementor-top-section elementor-element elementor-element-f1fe5a7 elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"f1fe5a7\" data-element_type=\"section\">\n            \n                        <div class=\"elementor-container elementor-column-gap-default \">\n                    <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf9386e\" data-id=\"cf9386e\" data-element_type=\"column\">\n            <div class=\"elementor-widget-wrap elementor-element-populated\">\n                        \t\t<div class=\"elementor-element elementor-element-2712fa6 elementor-widget elementor-widget-ct_video_player\" data-id=\"2712fa6\" data-element_type=\"widget\" data-widget_type=\"ct_video_player.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"ct-video-player video-player-style3  img-added\">\r\n        <img decoding=\"async\" width=\"956\" height=\"720\" src=\"https:\/\/www.hedgeinvest.it\/wp-content\/uploads\/2023\/03\/video_dicembre.jpg\" class=\"attachment-full\" alt=\"\" \/>            <a class=\"ct-video-button style3\" href=\"https:\/\/www.youtube.com\/watch?v=ssxQq35kXfE\">\r\n            <i class=\"fac fac-play\"><\/i>\r\n            <span class=\"line-video-animation line-video-1\"><\/span>\r\n            <span class=\"line-video-animation line-video-2\"><\/span>\r\n            <span class=\"line-video-animation line-video-3\"><\/span>\r\n        <\/a>\r\n        <span><\/span>\r\n<\/div>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                            <\/div>\n        <\/section>\n        \t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The monthly update on #HINumenCreditFund returns. According to the analysis by Filippo Lanza, CFA, December was a positive month for the fund, thanks especially to the macro component. In particular, the short position on Japanese and English government bonds recorded positive performance. In this 2023, there should be interesting opportunities especially thanks to the &#8220;special [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80],"tags":[],"class_list":["post-9036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/posts\/9036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/comments?post=9036"}],"version-history":[{"count":3,"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/posts\/9036\/revisions"}],"predecessor-version":[{"id":9122,"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/posts\/9036\/revisions\/9122"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/media\/8661"}],"wp:attachment":[{"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/media?parent=9036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/categories?post=9036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeinvest.it\/en\/wp-json\/wp\/v2\/tags?post=9036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}