Lazard AM: Nordic bonds still offer positive return potential
Positive returns on investment-grade bonds have been hard to come by in the West. The Nordic market is one of the few exceptions, says Michael Weidner, head of European fixed income for global asset manager Lazard Asset Management. He especially likes Danish mortgage bonds.
‘Nordic bonds are a market segment with high credit quality, high liquidity and some extra yield without additional risk,’ he says. For Weidner, this market is one of the ultimate safe havens for risk-sensitive bond investors.