MFS Investment Management

Four-part Big Question special

The dispersion of stock prices and the cyclicality of markets have generally been essential ingredients for the performance of traditional active managers.

When the relationship between two well-observed and liquid variables in the bond markets reaches multi-year wides, it warrants attention.

Type of BB+ bonds

Co-managed by Wiener and Cole

Managed by Hawkins and Spector

Investors have become too short-sighted

It is easy to get caught up in a campaign season, whether in the US, where the race for the White House is well underway, or in the UK, where the Brexit campaign is in full swing.

Tactical overlay to hedge risk

Sees lower inflationary pressure ahead