Even if rate cuts don’t materialize, corporate bond returns still look attractive in 2024 according to BNY Mellon’s Insight Investment Management.
Invesco’s Man also says that he prefers high-quality investment grade over high yield at the moment.
The world’s largest asset manager is upping exposure to short-term sovereign bonds and downgrading credit in the long run.
Fixed income portfolios should assess different risk scenarios to inform investment decisions for corporate bonds, says Schroders.
Different economic growth cycles across geographies globally call for fixed income investors to be selective to find alpha.
Sheldon Chan also details the reasons for the fund’s outperformance so far this year.
High yield managers are looking instead at Macau gaming, Indian renewable energy and Indonesian corporate credits.
The Geneva-headquartered wealth manager also said that investors should be selective when it comes to fixed income.
Investment grade bonds and Treasuries could offer attractive opportunities due to the rise in interest rates.
Investors should look at increasing high-quality debt exposure as the economy heads south.