AXA IM to shut Sterling Gilt Fund next month
AXA Investment Managers is closing its £7.3m Sterling Gilt Fund as of 8 September.
AXA Investment Managers is closing its £7.3m Sterling Gilt Fund as of 8 September.
Three products listed on the LSE offer investors exposure to the UK, US and Japan.
While there is an improving macro environment either side of the Atlantic, Nick Hayes explains why he thinks they are moving at different speeds for different reasons and where he is looking to allocate as a result.
Caution still prevails for many investors, but the traditional fixed income asset classes of sovereign and corporate debt couldn't be more out of favour.
So George Osborne has been stripped of his prefect’s badge and told to brush up on his maths skills. What he, and the coalition government, chooses to do now is anyone’s guess. The path for investors is at last clear though…
Outwardly it may not make sense for investors to continue ploughing money into government bonds, particularly gilts, but given the lack of any strong, reliable, steady – dare I say 'safe' – alternative they will continue to thrive.
Inflation is likely to erode gilt and cash returns for some time yet so Andrew Bell urges investors to change their investment approach to avoid the impending decline in their purchasing power.
Increased risk of fiscal slippage in the UK and the limited benefits of further quantitative easing (QE) have left gilt valuations “vulnerable”, according to Standard Life Investments’ Philip Laing.
In his latest blog, M&Gs Richard Woolnough reflects on Mervyn Kings recent proclamations that we may well be less than half-way though this fiscal crisis. The question is: do investors have the patience to sit tight in low-yielding assets for another five years?
Gilts have become increasingly risky this year relative to UK equities, according to new research from FE, indicating a further shift from their perceived safe haven status.
Gilts may have been a good place to be in the three years post-Lehman but it is difficult to see investors getting a boost from them again this year, according to Gary Reynolds, chief investment officer at Courtiers.
Investors in 10-year Gilts could receive negative real yields of between 30% and 40% if the government continues to use them to restructure debt by stealth.