Are high yield investors in for a bumpy ride?
High yield bonds had a strong 2023 but the cracks are starting to show, writes FundCalibre’s Darius McDermott
Bond Market
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What do the conflicting signals of the bond market mean for investors?
Valuations across some parts of the credit market could look stretched
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‘Any buyers?’ Net gilt issuance hits all-time high despite BoE sell-off
With the central bank now a seller in the market, questions arise over who will buy the record £240bn issuance
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Bond investors sleepwalking into duration risk
Two asset managers have warned that bond investors, particularly those in passive vehicles, are too exposed to duration risk without realising it.
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The five questions all investors should ask going into 2017
PA asked managers their thoughts on the big issues facing investors in 2017.
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Are we just halfway through the QE cycle?
Has macro analysis simply become an attempt to second guess what the central banks are going to do?
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China takes more steps to open bond market
The mainland’s provident and pension funds should bring up to $610bn into China’s interbank bond market (CIBM) after regulators open it to a wide range of foreign and domestic investors, analysts said.
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Is this the end of the bond barbell strategy?
Bond market sectors are becoming increasingly correlated — and this is bad news for fixed income investors seeking to manage risk through sector diversification.
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Don’t expect much from bonds in 2016 – Invesco
Expectations for bond market returns through 2016 continue to be modest and investment grade corporate bond markets are still challenging, Invesco has said.
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Neuberger Berman launches hybrid corporate debt fund
Neuberger Berman has launched a Dublin-domiciled UCITS strategy focused on non-financial corporate hybrid debt.
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Markets too gloomy on inflation, argue asset allocators
Stock and bond markets are in danger of extrapolating too gloomy a scenario from recent central bank statements, the situation in China and manufacturing data, argue asset allocators.
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PA ANALYSIS: Do we really need more bond funds?
With liquidity shrinking, volatility rising and the spectre of a first rate hike since 2009 looming ominously, it would be understandable to think that new bond fund launches would be few and far between.