Over the past quarter, the consensus view of many has been to challenge the role and attractiveness of fixed income as an asset class.
But while the asset class faces near-term headwinds, fixed income continues to provide three key benefits for investors; namely a steady income stream, modest volatility and diversification from equities. But where to find opportunities? In the UK, following the widespread euphoria in risk assets in January, we have witnessed a widening in investment grade spreads from the January tights. The repricing has meant there are parts of the market at levels last seen prior to the announcement of the Bank of England corporate bond purchase programme in July 2016. Premier's White: Why ma...
To continue reading this article...
Join Investment Week for free
- 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