Renta fija: la oportunidad y los riesgos que muchos inversores ignoran

Interest rates have surged to two-decade highs, prompting discussions on the implications for debt and investment strategies. Agustín Bircher, the investment director at Santa Lucía Asset Management, explains that while passive management makes sense in equities, it is less applicable in fixed income. In equities, investors face the risk of losing their entire investment, but in fixed income, the potential returns are capped, often leading to a preference for active management to navigate the complexities of interest rates and credit risk.

Bircher emphasizes that insurance companies, like Santa Lucía, are major players in the fixed income market, managing substantial assets and using bonds to mitigate risk for policyholders. The current high-interest environment offers opportunities for risk-averse investors to achieve returns that safeguard against inflation, with fixed income investments providing more predictable outcomes compared to equities.

The conversation also touches on the challenges posed by rising interest rates, particularly for small businesses and families considering loans. Bircher notes that the market is currently more favorable for lenders than borrowers, and while Europe remains competitive in banking, the U.S. may see more significant impacts on smaller firms. He advises investors to consider fixed income options, especially those with defined timelines, to avoid the pitfalls of inflation eroding purchasing power.

💰 ¿Es un buen momento para invertir en renta fija? ¿Qué riesgos tienen los bonos y los fondos indexados que muchos ahorradores pasan por alto? Debatidlo en comentarios, os leo.

📈 #Publi Obtén más información sobre Santalucía Asset Management: https://www.santaluciaam.es/?utm_source=youtube&utm_medium=podcast&utm_campaign=podcast-rallo

Juan Ramón Rallo conversa con Agustín Bircher, director de inversiones de Santalucía Asset Management, sobre cómo los tipos de interés, la inflación y la deuda afectan a nuestros ahorros.

Analizan las diferencias entre bonos, letras del Tesoro, depósitos y bolsa, y debaten cuándo puede aportar valor la gestión activa frente a los fondos indexados. También explican por qué una rentabilidad más alta puede esconder más riesgo y qué papel desempeñan los plazos, las comisiones y la diversificación. Hosted on Acast. See acast.com/privacy for more information.