At first sight, tighter US monetary policy and stubbornly high US inflation does not seem an ideal mix for bonds. There’s a lot more to it than that, argues James McAlevey, head of multi-sector fixed income. By embracing a broad opportunity set, investors can benefit from the potential for attractive risk-adjusted returns offered via active allocation.
Listen to our Talking heads podcast with James and chief market strategist Daniel Morris as they discuss the outlook for interest-rate policy and how, for example, contrarian views on Chinese corporate debt can add value in multi-strategy fixed income portfolios through flexible and fluid asset allocation.
Formerly known as ‘Market weekly’, our Talking heads brings investors the in-depth insights on topics that really matter to them, analysis of the world and markets through the lens of sustainability and more great conversations with investment experts.
Any views expressed here are those of the author as of the date of publication, are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may take different investment decisions for different clients. The views expressed in this podcast do not in any way constitute investment advice.
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