Radio report: ‘Compulsory saving can make perfect sense’

Börsenradio | Uwe Eilers, CEO of Frankfurter Vermögen, in an interview with Peter Heinrich (Börsenradio) about budget freezes and supranational bonds.

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Budget freeze in Germany. Will this also reduce the value of a government bond? ‘Quite the opposite,’ explains Uwe Eilers from Frankfurter Vermögen, ’the state is less indebted, we have less supply of bonds.’ Forced saving can certainly make sense. – The expert’s portfolio is made up of 50 % equities and 50 % bonds. None of the bonds are from the USA because Eilers still expects interest rates to rise. By contrast, he holds corporate and government bonds from Norway, Poland, Mexico and Indonesia. ‘Whereby we buy bonds from supranational issuers in order to have security against default.’

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The radio programme is in German