Three fund managers on negotiating a challenging environment for fixed income

Delegates at Investment Week's recent Bond Briefing gave their views on duration positioning, convertibles and the insurance sector.

Craig Veysey, head of fixed income, Sanlam Private Wealth What is your view on the timing of interest rate rises and how has this impacted your duration positioning? In the SPW Strategic Investment Grade Bond fund we augment the core fixed income positioning, with an actively managed tactical overlay strategy that regularly adjusts the portfolio's duration and FX exposure. The Federal Reserve will most probably not raise rates in 2015, given still tight financial conditions and a continued global economic slowdown. The prolonged weakness in emerging markets, and the consequent ris...