Bonds

Experts share opinions

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources. Despite geopolitical tensions and economic concerns, market sentiment remains resilient, with short-lived volatility spikes and credit spreads rallying in recent weeks. Against this backdrop, he highlights why his highest conviction forex position is a short US dollar against a basket of emerging market currencies.

Stock market correction expected

This year's auctions oversubscribed

Responding to ‘increased investor demand’

Sales hit £120bn over past year

Assets in fixed income up 11%

Down 25% amid political turmoil

Split between traditional and revamped model

Risk misperceptions