Gilts and gold shine amid March banking sector madness
Investors sought safety in commodities and fixed income during a volatile month
Investors sought safety in commodities and fixed income during a volatile month
With the central bank now a seller in the market, questions arise over who will buy the record £240bn issuance
JP Morgan AM and Jupiter managers among those reluctant to tap into climbing gilt yields
Central bank’s intervention may have calmed markets, but clouds linger on the horizon
While US bonds, healthcare and Latin America deliver the only bright spots
Weighting to equities pared back as ‘further deterioration’ expected
‘People are getting out their long-term history books to find an example of worse one-day price moves’
But UK gilts have sold off sharply in recent weeks over fears energy crisis will drive inflation higher
Emerging market funds, particularly Latam, dominate last month’s winners
Whereas UK stocks gave ‘creditable’ performance in a poor month for markets across the board
Despite market volatility gilt yields are back to where they were in April 2019
Top performer in IA UK Gilts sector has returned 8.2% since coronavirus sell-off took hold