Bonds are supposed to be a boring, low-volatility, low-return asset class, yet since 2007 and the introduction of quantitative easing both UK government and corporate bonds have outperformed UK equities.
As a result, everyone is waiting for the bond bubble to burst and for many 2017 is the year. The arguments for this are quite persuading; US growth will get a boost from the policies of President Donald Trump, this will mean the path of US rates will be higher and balance sheet unwinding closer. Sanlam Private Wealth's Strategic Bond fund moves to Sanlam FOUR In Europe, growth has improved and surveys of sentiment are at multi-year highs, deflation is apparently last year's story and the European Central Bank (ECB) look to be taking their foot off the monetary easing accelerator. ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
