Mike Count, senior fund manager at Canada Life Investments, asks if the strong run in corporate credit can continue and outlines the investment case for insurance bonds, which have been left behind in this rally.
The iBOXX Sterling Corporate Bond index has returned 24% over the last three years, grinding higher despite many commentators stating that the beginning of monetary tightening will mark the end of fixed income's bull run. This view has yet to come to pass. Seneca's Elston: Is now the time to invest in UK growth? Of course, the United States has already embarked on a rate rising cycle, whilst we have also seen government bond yields rise in the UK and the eurozone more recently. However, these have largely been the result of central bank sentiment swings and have since reversed on ...
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