Scott Service, global bond manager at Loomis, Sayles & Company, explains why reduced liquidity for corporate bonds and a 'plethora' of new regulations has forced the team to lower risk levels on portfolios.
After experiencing a very difficult fourth quarter in 2014, as a result of the precipitous fall in oil prices and observed global disinflationary trends, investment grade corporate bonds within major markets...
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Draft text agreed between UK and EU