M&G's Anthony Doyle reviews the performance of an array of fixed income asset classes over the past year as we move into 2012
The decorations are up, the presents are under the tree, and I am starting to think of New Year resolutions. Yes 2012 is almost upon us. With that in mind, I thought it might be interesting to have a quick look at who have been the winners and losers in debt markets over the course of an eventful 2011. As the below chart shows, investors in UK gilts have had a fantastic year. The top performing area of the bond market has been inflation-linked gilts which have provided a fantastic return of 16% to investors, despite the Bank of England's quantitative easing programme not targeting this a...
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