The FSA Spy market buzz – 22 November 2024
Dimensional excludes the Middle Kingdom; JP Morgan’s optimistic outlook; Household wealth is rocketing; Schroders is thinking about privates; Ninety One’s pithy AI; German woes and much more.
HEAD-TO-HEAD: Bluebay vs Legg Mason
FSA compares the Bluebay Investment Grade Absolute Return Bond Fund and the Legg Mason Western Asset Macro Opportunities Bond Fund.
Conclusion
The Bluebay fund receives a Morningstar analyst rating of Neutral, while the Western Asset fund receives a Bronze analyst rating.
Morningstar’s analyst rating is a forward-looking analysis of a fund.
Dash does not prefer one fund over the other given the differences in their objectives.
“Both funds are trying to get something different. The Western Asset fund is about maximising total return with a lot of volatility, while the Bluebay is supposed to be an absolute return fund.”
Both funds also cater to different investors.
The Bluebay fund is one possibility for investors who want steadier returns with low volatility, while the Western Asset fund is a consideration for investors who are looking for higher returns and at the same time can stomach higher volatility, he said.
Related Stories
Promoted Content
-
Healthcare’s innovation shifts into high gear
-
Despite headwinds, ESG continues to perform
-
Step up your portfolio by doubling down on sectors set for long-term growth
-
Conditions in the high yield market
-
How ETFs offer an active way to drive sustainable returns
-
Unmasking the dividend opportunity
-
China’s post-pandemic growth gathers pace
-
Investment Ideas for 2021: Explore the untapped potential in China Small Companies
-
Eastspring landing page
-
M&G Episode Macro shines after tough year
