Why now is a good time to be a credit investor

Luke Hickmore, investment director, fixed income at SWIP, discusses why investors in credit will enjoy good returns this year.

If 2010 was the year of the "double dip", this year's economic cliché of choice is most assuredly "soft patch". It is a phrase that has been cropping up with increasing frequency in the financial pages. It is meant to describe the way the economic recovery - particularly in the US - began to stumble after a protracted period of strong economic data. But it is an accurate description. What we are seeing is a soft patch in the economies of the US, and to some extent the UK - and not a collapse. Part of this may be a result of a poor period of weather, supply chain disruptions that are stil...