Why it is a good time to invest in fixed income right now

Bonds back in fashion

I guess I am a relatively rare beast in the world of wealth management these days, in that I am a passionate believer in the powers of fixed income in client portfolios.

A decade of extraordinary manipulation by central bankers and the effective creation of a fixed income desert, through the weapon of mass financial destruction that quantitative easing has proven to be, has made my bias towards bonds antiquated, to say the least. Fixed income back in vogue But maybe, just as with old-fashioned names (I have a daughter called Betsy) and once-cool 90's ‘garmz', my views are becoming fashionable once again. Indeed, just as the last decade mostly rendered fixed income markets ‘uninvestable' (not my view, but the prevailing wisdom in our industry), it could...