Sacrifice carry ahead of taper tantrum – black rock
Fixed income investors in emerging markets should sacrifice positive carry to prepare for an impending taper tantrum, according to BlackRock’s Sergio Trigo Paz.
Fixed Income
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PA ANALYSIS: Ways to beat the heat in the bond pressure cooker
After months of grinding yield compression the pressure valve on the German sovereign bond market was released, with 10-year bund yields jumping almost ten-fold in the space of a few days.
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German bunds collapse more important than election – Miton’s Jane
The General Election may have dominated the headlines this week, but bond investors should be much more concerned by the bund price plunge, says Miton Asset Management’s David Jane.
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Investors should heed bond shock shot across the bows
Investors have been getting a rather sharp reminder of just how much interest rate risk is present within government bonds.
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Short duration gilt investors should hope for conservatives – cunningham
Holders of short-duration gilts should be hoping a Conservative-led government emerges from the General Election, says Newton Investment Management’s Howard Cunningham.
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China proposes bond connect plan
A Chinese clearing house is considering the launch of a “Bond Connect” scheme which would mirror the Stock Connect initiative, creating an investment link between the mainland and Hong Kong debt markets.
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Fund launches put spotlight on asia and japan
Asia and Japan continue to feature prominently on investor radar as two firms unveil funds targeting the regions.
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PA ANALYSIS: Fidelity builds bench strength to balance key-man risk
As the architect of Fidelity Worldwide Investment’s fixed income proposition whose team now numbers 73 and manages £49.6bn in assets, Ian Spreadbury represents a significant key man risk for the group.
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Wasps opens secured retail bond
Premiership rugby union club Wasps is seeking to raise £35m with the opening of a seven-year secured retail bond.
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Is it time for an unconstrained strategy
The expected US interest rate hike coming some time this year has spurred investor interest in unconstrained fixed income strategies, according to Amanda Stitt, investment director at Legg Mason.
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SLI expands EM debt suite
Standard Life Investments has broadened its suite of emerging market debt products with the launch of an unconstrained fund.
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QE ‘second wind’ could create corporate bond opportunity – RBC WM
Investors are set to benefit from a quantitative easing ‘second wind’ which will create opportunity in the corporate bond sector, says RBC Wealth Management’s Hakan Enokssen.
