The interest rate trap describes the problems for investors resulting from the historic low level of interest rates, which constitute a new threat for conservative investors. The interest rate trap is directly evident for investors in the bond market, but it affects other forms of assets as well. You can get more information from our best-selling book “Die Zinsfalle” (The Interest Rate Trap) or our studies on the effects of the interest rate trap and why conservative investments are becoming a risk.
Book review "Die Zinsfalle" (The Interest Rate Trap)
The book review by Lucas Vogel, Editor-in-Chief of the financial magazine €uro, focuses on Eckhard Sauren’s publication Die Zinsfalle (The interest rate trap). The verdict of €uro: “Fund of funds manager Eckhard Sauren shows ... how the extreme low interest rate policy ... affects all savers and investors. He analyses the risks, clearly and distinctly ... Calm, precise and simply good. The best kind of reader enlightenment”
Germany is in an interest rate trap. For investors, the search for lucrative yields for their savings is increasingly becoming a challenge. Yields on German sovereign bonds are at historic lows – investors are already losing money in real terms. What most have not yet realised: the continuing low level of interest rates poses a massive threat to many forms of pension investment.
Will life insurance policies actually deliver on their guarantees? Are overnight and term deposit money really secure in the long term? Can defensive mixed funds and asset manage¬ment funds still be recommended?
In “The interest rate trap. The new threat for conservative investors – identify and avoid dangers to the portfolio”, Eckhard Sauren, the pioneer of qualitative fund, analyses with his research team the effects of the interest rate trap and shows which forms of investment are particularly affected. Sauren also interviews three of the most prominent German fund managers, Bert Flossbach, Peter E. Huber and Klaus Kaldemorgen.
The book is published in German by FinanzBuch-Verlag (ISBN 978-3-89879-898-3) and made the manager magazine’s bestseller list shortly after its publication.