Two major concerns of multi-asset investors
Every day, Natixis IM’s head of multi asset James Beaumont and his team wonder how much higher the equity markets can go. Yet, according to him, the issue that is keeping multi asset investors awake at the moment is something else. What should they do with government bonds?
'IG corporate bonds will remain more attractive than govvies'
Investment grade corporate bonds remain more attractive than core European government bonds, which are bound to deliver negative returns of 3-5% in the coming years, according to Lion Trust Asset Management’s Head of Fixed Income David Roberts.
In an interview with Investment Officer, Roberts notes fixed income portfolios have become particularly sensitive to interest rates over the past decade due to a sharp increase in duration.