The US bond market is likely to sees spreads widen as higher-for-longer interest rates begin to stress the economy, says Man Group’s Sriram Reddy.
Adding long-duration in the expectation of rate cuts won’t work if neutral is higher than markets expect, portfolio manager Ken Orchard warns.
Investors should use real yields as a guide for allocating into fixed income as central banks diverge on rate cuts.
Morningstar data shows that 15 funds available for distribution in Hong Kong and Singapore were exposed to China’s troubled property sector at the start of the year.
Pictet Asset Management expects rate volatility to continue in the bond market, providing ample opportunity for investors to enter.
Even if rate cuts don’t materialize, corporate bond returns still look attractive in 2024 according to BNY Mellon’s Insight Investment Management.
FSA highlights five bond funds over $5bn in size that posted double digit gains in 2023
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The asset management giant says a return to ‘sound money’ will bode well for bond investors.
SSGA, Janus Henderson and GAM say the asset class should benefit from the Fed cutting rates.