With the global tide of the central bank stimulus injection soon to turn, only a few segments of the fixed income universe have enough spread cushion to absorb the shift to a post-QE era.
We are still convinced emerging market (EM) debt offers interesting opportunities, supported by the global cyclical pick-up, a commodity price positive environment and undeniably improving fundamentals...
Four potential outcomes
Industry members abseil down Broadgate Tower
Hired as portfolio manager in global equity income team
'Three cycles are colliding'
Partner Insight: Alex Wright explains how he has honed his value contrarian approach to investing in the Fidelity Special Situations Fund and why the potential to lose money is often lower than in traditional funds