TwentyFour's Bowie: Prepare for a volatile summer

Laura Dew
clock

Bonds will experience a volatile summer, according to TwentyFour Asset Management's Chris Bowie, who believes the Federal Reserve will opt for a September rate hike.

Bowie (pictured) runs the £110m Corporate Bond fund, which was launched at the start of the year following his arrival at the firm from Ignis Asset Management. In the fund's latest review, Bowie said he expects to see a volatile period in bond markets over the summer if US employment data is strong, which could prompt a rate rise. He said: "Something to keep us occupied over the summer, we have the Q2 Employment Cost Index for the US at the end of July. If this comes in strong, then to us that would signal September as very likely for the lift-off in Fed funds. "But the period betw...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Bonds

Almost all investors and wealth managers plan to increase high yield focus in next two years

Almost all investors and wealth managers plan to increase high yield focus in next two years

Stock market correction expected

Sorin Dojan
clock 07 July 2025 • 1 min read
Global ESG backlash has not eroded demand for UK green bonds

Global ESG backlash has not eroded demand for UK green bonds

This year's auctions oversubscribed

Sorin Dojan
clock 03 July 2025 • 4 min read
Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Responding to ‘increased investor demand’

Eve Maddock-Jones
clock 25 June 2025 • 2 min read
Trustpilot