What do the conflicting signals of the bond market mean for investors?
Valuations across some parts of the credit market could look stretched
Valuations across some parts of the credit market could look stretched
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While the much-touted ‘year of the bond’ never materialised in 2023, Yoram Lustig of T Rowe Price and Liontrust’s Phil Milburn explain why investors are sticking with fixed income
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Shift will result in a decrease in corporate bonds and alternative assets
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The fund will be co-managed by Stefan Isaacs and Matthew Russell
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Rising interest rates, widening discounts and fixed income inflows have bruised assets
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There is a question over whether spreads adequately reflect the outlook for the global economy. Do investors need to be cautious?
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Quarterly rebalance of its WealthSelect offering
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There are signs of problems for the asset class
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Liquidations are part of its plan to merge or close over 100 strategies
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While US bonds, healthcare and Latin America deliver the only bright spots
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But retains higher allocation to alternatives
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Tilt towards quality and defensive plays like short dated credit and govvies alongside rising cash levels
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