Bond markets are 'riskiest they have been for 30 years'

clock

Fidelity's Ian Spreadbury has warned conditions in bond markets are the most risky he has seen since he started his career 30 years ago.

The manager of funds including the £3.3bn Fidelity MoneyBuilder Income fund and the group's £1.2bn Strategic Bond fund, said current trading conditions are the worst he has ever seen, as the fallout from the credit crisis continues to impact markets. "In nearly 30 years of investing, I have not known an environment as risky as the one today," he said. "Trading in the sterling corporate bond market is more expensive and difficult than before the financial crisis, and these conditions are unlikely to improve any time soon." In response to the market environment, Spreadbury has kept a...

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

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: T. Rowe Price's 2025 Global Market Outlook

Partner Insight: T. Rowe Price's 2025 Global Market Outlook

T. Rowe Price's team of experts share their thoughts on investing during a global transition.

T. Rowe Price
clock 28 November 2024 • 2 min read
Partner Insight: What's next for bonds?

Partner Insight: What's next for bonds?

In this interactive video, choose a PIMCO expert and hear them discuss key questions that investors are asking, including: the potential benefits of bonds versus stocks; why global is key; the power of income; and opportunities in emerging markets.

Sarka Halas
clock 28 November 2024 • 1 min read
Partner Insight: Why choose semi-liquid funds for investing in renewable infrastructure?

Partner Insight: Why choose semi-liquid funds for investing in renewable infrastructure?

There are more opportunities for private investors to access renewable energy investments today. Schroders' Jack Wasserman and Duncan Hale look at how semi-liquid funds fit the bill

Jack Wasserman, Private Markets Group and Duncan Hale, Lead Portfolio Manager at Schroders
clock 26 November 2024 • 4 min read
Trustpilot