Chris Higham: Navigating a higher corporate default rate in 2020

clock • 2 min read

2019 saw strong positive total returns across nearly all asset classes.

This was largely driven by a reversal in direction from global central banks, most significantly the US Federal Reserve, who collectively ease global financial conditions. This easing, combined with the appearance that inflationary pressures remain contained, meant strong returns across all parts of fixed income. The hunt for yield is well and truly back to the fore. ESG, fixed income and active ETFs lead global demand Within fixed income, most of the focus remains on the low level of global interest rates, which combined with other secular trends, have driven government bonds to e...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Bonds

Deep Dive: Multi-asset managers split on benefits of US Treasuries

Deep Dive: Multi-asset managers split on benefits of US Treasuries

Some opting for 'better' European options

Eve Maddock-Jones
clock 12 April 2024 • 4 min read
Pictet AM nears peak AT1 bonds allocation as banks recover from 2023 crisis

Pictet AM nears peak AT1 bonds allocation as banks recover from 2023 crisis

'Everybody hated the asset class'

Eve Maddock-Jones
clock 12 April 2024 • 3 min read
Federated Hermes' Fraser Lundie: Honey, I shrunk the credit market

Federated Hermes' Fraser Lundie: Honey, I shrunk the credit market

Valuation and uncertainty struggle

Fraser Lundie
clock 09 April 2024 • 4 min read
Trustpilot