Government debt offers opportunities for UK gilts

This week we look at whether UK gilts still have a role to playin balanced portfolios

This week's Conjecture debate focuses on government debt, specifically the current outlook for UK gilts. Present were Mark Parry, head of fixed income at Close Investments, and Carlos Galvis, global senior portfolio manager at Crédit Agricole Asset Management. Should we be investing in fixed income, given the current market conditions around the world? Is it more sensible to be investing in equities instead? Mark Parry (MP): It depends on your perspective. I would argue we are in a single-digit world for investment returns, for nominal growth, for interest rates, and so therefore, if we ...