Threadneedle is moving towards gilts as quantitative easing and fundamentals see them winning over o...
Threadneedle is moving towards gilts as quantitative easing and fundamentals see them winning over other government bond markets. While it says the poor economic environment is unhelpful for both investment grade and high yield corporate bonds, the technicals have improved, and within investment grade there has been a lot of supply and new deals have come cheap to existing issues to get them away. The group says valuations are the best they have seen in 100 years, compensating for historic default risk. Sarah Arkle, chief investment officer says: "High yield has seen no new supply a...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
