Nearly $4trn in developed market bonds have a negative yield. Market participants are accustomed to the possibility of losing money, but the certainty of losing money is another matter, writes Jim Cielinski, global head of fixed income at Columbia Threadneedle Investments.
Tag: Bonds
Pictet launches Chinese debt fund
Pictet Asset Management has launched the Pictet Chinese Local Currency Debt fund.
Are we reaching a tipping point for Asian bonds
As central bankers in the West continue tripping over themselves in the rush to make dovish noises on holding rates lower for longer and showing patience as Fed chair Janet Yellen likes to say, even highly cautious investors may be reaching a tipping point.
The multiple paths to income
An income strategy is not limited to a bunch of conventional bonds, delegates heard at FSA’s Income Forum in Hong Kong last week. In fact, there are plenty paths that lead to consistent income. Here are three.
Bond review shows European underperformance
In 2014, European bonds were the biggest underperformers in both corporate and government bond segments, according to data from FE.
Asia bonds proved attractive in 2014
Despite the eruption of volatility in December, last year’s pan-Asia bond yields were 6.7%, according to S&P’s data.
Support remains for EM bonds
Jim Leaviss, head of retail fixed interest at M&G Investments, comments on emerging market corporate bond opportunities and developed market default rates.
Kaan Nazli EM comment
With energy prices sharply weaker and non-agricultural commodities generally under challenge, Kaan Nazli, Neuberger Berman’s senior economist for emerging markets debt, examines the outlook for the developing marketplace.
Richard Jeffrey bond markets
Apprehension concerning overall growth prospects has knocked inflation expectations in recent weeks, exacerbated by falling energy prices and disinflation in the eurozone.
GPIF from bonds to equities
Japan’s $1.2 trillion Government Investment Pension Fund plans to dramatically increase domestic and foreign equity exposure while cutting positions in domestic bonds.
