Fixed income: Look before you leap
Should fixed income investors shun a ‘buy the market’ approach in favour of selective and targeted regional and credit selection?
Should fixed income investors shun a ‘buy the market’ approach in favour of selective and targeted regional and credit selection?
Recent numbers from institutional data house EPFR have shown record outflows for global emerging market funds certainly no longer the jewels in the investment crown.
According to the latest stats from EPFR Global, investors are increasing the level of risk in their portfolios with greater allocations to emerging markets – bonds and equities – as well as high yield bond funds.
EPFR Global statistics show investors increasing their risk exposure, with fixed income assets seeing the largest inflows.
The latest research from EPFR shows some surprising European allocations from equity and bond investors and fund managers as we get towards the end of a topsy-turvy year.
Investors are having to juggle with the changing definitions of what constitutes a safe haven asset.