Mark Benstead, fixed income fund manager at LGIM, explains why he believes duration should be 'embraced' within bond portfolios, rather than traded in a bid to produce alpha.
While he admits yields are low and it is understandable there is concern about rising yields in fixed income portfolios, he believes managers should be cautious about following the herd and the endemic...
Five new entrants to the table
First day of trading on 15 December
'Duty of responsibility' guidance
Led by Ash Ray
Replacing Tom Hawkins