Bonds

Investing across the fixed income universe

Will have OCF of 0.25%

Slowdown only temporary

Rising rate environment

Combine features of debt and equities

Refinancing environment

Active and passive categories

We believe that there are two types of bond bear market, writes Andrew Clarke, fund manager - fixed income at Sarasin & Partners.

The 40-year bull market ended over a year ago

'Part of the Washington swamp'