Franklin Templeton: Investors 'unnecessarily' short duration
Investors say they will continue to buy high yield bonds despite perceived risk
David Zahn of Franklin Templeton
European fixed income investors are missing out on yield as a result of their "unnecessarily" bearish stance on duration, according to Franklin Templeton Investments.
In a study of investors' attitudes towards European fixed income commissioned by the group, Franklin Templeton found 70% were concerned by duration risk and 54% said they have actively reduced their duration...
