Nick Hayes of the AXA IM Global Strategic Bond strategy, Jonathan Golan of Man GLG, Sarah Miller of Redington and Mark Benbow of Aegon Asset Management outline their fixed income choices.
Government bonds Nick Hayes, manager of the AXA IM Global Strategic Bond strategy "In a complicated world of low yields, it is important not to rule out government bonds. "Sovereigns are influenced by huge demand from non-economically driven investors, such as central banks' quantitative easing policies, and regulated entities like banks and insurance companies. "A lot of investors focus heavily on the importance of duration, such as whether a portfolio has two, four or six years of average duration. But this year has shown that it is just as important to focus on where one is...
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