It may be time to give corporate bonds another look

With equity markets looking set to enter a bear phase and interest rates on the decline, corporate b...

With equity markets looking set to enter a bear phase and interest rates on the decline, corporate bonds ought to be looking forward to a rally. But after some poor performance in recent years, investors may prove unwilling to return to this asset class. Record-low yields and capital losses in 2006 forced many investors out of credit funds last year, with hundreds of millions of pounds flowing out. Bonds were quickly overtaken by property in the doldrum stakes, however, with the latter ending up as the worst-performing sector and losing billions in panic selling. As ever in the inve...