Wealth managers batten down the hatches as US enters technical recession
Tilt towards quality and defensive plays like short dated credit and govvies alongside rising cash levels
Tilt towards quality and defensive plays like short dated credit and govvies alongside rising cash levels
Spreads have widened considerably over govvies after pricing in the GDP slowdown but default rates remain low
Limited secondary trading for bonds means equities are better suited for index investing, says one portfolio manager
Fixed income investors are, in some ways, better positioned than equity markets to exert pressure
Twice in the past year, three funds have been merged in light of performance issues highlighted in its value assessments
His tenure has been marked by persistent sterling weakness and depressed asset prices
‘We think building a position in 10-year US treasuries is now a serious consideration’ says one portfolio manager
They will be based in Denmark where the asset manager is opening its first office
Bonds may be on the brink but it’s a different story for equities
A dedicated fixed income team will be set up in Singapore
A handful have delivered returns and, importantly, protected investor capital during periods of market distress
Liquidity issues mean MMFs could pose a systemic threat to the UK economy