Fixed Income
Brexit-linked volatility to have big impact on Europe funds
A vote by Britain in favour of leaving the European Union at the upcoming referendum on June 23 is likely to increase credit default spreads, dividend yields and volatility across Europe, according to research firm PureGroup.
European investors rush out of equities into corporate bonds
European investors have been selling out of equities this year and have piled into credit instead. Net monthly inflows into corporate bond funds and ETFs reached an all-time record in April, according to Morningstar data.
Fixed Income | 23 May 16
Nine strategic bond funds for all situations
The ‘go anywhere’ approach of strategic bond funds has been a big hit with investors in recent years and big calls across the fixed-income spectrum are now having a huge influence on returns.
Vanguard joins EM chorus, sees strength in bonds
The firm sees improvement in the risk-reward balance for sovereign and investment grade corporate bonds in emerging markets.
Time to buy Asian high yield, says Matthews Asia
The current credit cycle may be reaching a turning point and, notwithstanding fears that US Federal Reserve rate hikes look almost certain, now is the time to buy high yield credit and particularly from Asian issuers, says Teresa Kong, portfolio manager at Matthews Asia.