Jupiter's Ariel Bezalel has started increasing duration on his £3.5bn Strategic Bond fund over the last few weeks, after substantially reducing it last summer.
The manager and his team cut duration substantially last summer, from 5 to 6 years at the start of the year to just 2.9 years, after taking the view the rally in sovereign bonds had become overdone. ...
The US dollar is close to peaking and the risks now seem to be on the downside.
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