M&G’s Woolnough: Is it time BoE sold hoard of corporate bonds?
A policy reversal at the Bank of England is imminent and could prompt it to sell its £10bn hoard of corporate bonds back to the market, M&G’s Richard Woolnough has said.
Woolnough says world economy healthier than many think
Arguably the biggest name in UK fixed-income investing, M&G’s Richard Woolnough talks bear markets, duration, deflation, outflows and whether bonds really do have a problem with illiquidity
MGs Woolnough calls for interest rate hike
Woolnough, who runs the £19.6bn M&G Optimal Income Fund which is sold across continental Europe, told International Adviser that if this policy stance is maintained “eventually inflation will come back”. “I’d argue that even if they keep rates low you won’t get inflation to the extent that you have historically. So I’m a firm believer […]