The unveiling of the Bank of England’s latest stimulus measures has already prompted a burst of activity on the sterling bond front, but is it enough to drive the United Kingdom economy forward and does it present investment opportunities?
TwentyFour Asset Management has noticed a strange technical quirk in terms of gilt cash prices at the long end of the yield curve, following Bank of England’s failure to buy enough Gilts last Tuesday.
CSOP’s five-year treasury bond index tracker has been gathering assets as the RMB appears to be stabilising versus the dollar.
M&G Investments’ Richard Woolnough has turned to equities as he seeks to boost the performance of his M&G Optimal Income Fund.
Business and mortgage lenders and general insurers are in for a “tough” 2018, even if a softer, transitional Brexit deal is reached, according to an Ernst & Young economic forecast.
Neuberger Berman is to access the US, Europe and emerging markets with a Dublin-domiciled Global High Yield Bond Fund, headed by Patrick Flynn.
Traditional asset allocation models tend to use the language of fixed income when comparing equities and bonds, with measures of yield the focus.
The correlation between oil and US high yield markets broke down in July, indicative of a shift in the focus of the sector.
Not only fund flows are capricious when it comes to high-yield bonds. Investor sentiment towards the asset class also swings continuously, particularly on a country-by country- basis.
Investors will have to be much more nimble with decisions due to political risks ahead, but Brexit hasn’t clouded the outlook, said Daniel Murray, chief economist and head of research of EFGAM’s wealth management business.
UBS Asset Management has hired Hayden Briscoe as head of fixed income, Asia Pacific, with immediate effect.
Asset managers believe that the country’s bond defaults are a concern, but stopped short of saying they would spread outside the energy-related sectors.
