Margins of safety can be thin at worst of times
Most fixed income has performed well in 2019 aided by the change in outlook from many central banks around the world and the gross redemption yield (GRY) on many bonds have fallen to very low or negative levels.
Defunct fund's maintenance fees totalled over £184,000 a day
Strengthening Simon Hillenbrand's team
Argentinian 100-year bonds down 30% over last week
How will the industry fare under his premiership?
Clouds of Brexit and trade wars still hang over investors