Christoph Schon, CFA, CIPM - Executive Director of Applied Research

Christoph Schon is the Executive Director, Applied Research for EMEA at Axioma, where he generates insights into recent risk trends with a particular focus on fixed income and multi-asset class analysis. Christoph has been in the portfolio risk and performance analysis space for more than 10 years, having previously worked for Lehman Brothers/Barclays POINT and UBS Delta. 

Most recent articles by Christoph Schon, CFA, CIPM

Stormy week for Gilts; Less negative relationship between equity and fixed income drives portfolio risk higher

Last week, Gilt yields took a choppy ride, starting with an 8-basis point surge in the 10-year benchmark rate on Tuesday to its highest level since April 2012.

Posted 06.19.17 Christoph Schon, CFA, CIPM

So, the opinion polls don’t always get it wrong after all!

One lesson we have learned from these recent referendums and elections is that voters cannot be relied on to do what politicians, and financial markets, expect them to do.

Posted 06.16.17 Christoph Schon, CFA, CIPM

Gilt yields fall after surprise election result; Pound down, FTSE up in familiar pattern

Last week, we saw British Gilts outperform their US and German counterparts, as the general election on Thursday, June 8, resulted in a so-called “hung” parliament.

Posted 06.12.17 Christoph Schon, CFA, CIPM

Gilts underperform as FTSE reaches record high; Declines in FX and equity volatilities reduce portfolio risk

Last week, we saw British government bonds underperform their US and German peers, while the same-maturity Treasury and Bund rates fell.

Posted 06.07.17 Christoph Schon, CFA, CIPM

Pound takes a hit as political uncertainty increases; Portfolio risk rises as stocks and FX become less negatively correlated

Last Friday, we observed how the British pound dropped 1.2% versus the US dollar, as uncertainty increased around the outcome of the UK general election on June 8.

Posted 05.31.17 Christoph Schon, CFA, CIPM