Unconventional monetary policy
Suitable for $ investors
Rising inflation a risk
Markets have benefitted from a co-ordinated global recovery, led by central banks operating in a synchronised manner.
Pockets of value
Fixed income investors should be paying close attention to 'Fallen Angels' - these are bonds that are downgraded from BBB- and, as a result, come tumbling out of the investment grade credit market.
The global financial crisis, and the related policy response, is drawing to a close. We are currently enjoying a short period of synchronised global growth and improving trade.
Unwinding of deflation risks more worrying
Russel Matthews of BlueBay Asset Management
10-year Treasury yields widened to 2.73%
ESG factors taken into consideration
Financial markets are heavily distorted by the unprecedented market presence of central banks. Markets have become extremely sensitive to changes in central bank actions.
Strong recovery in Europe
Maximum six year duration
Two income funds; two multi-asset
The monetary policy debate is likely to continue to dominate volatility in government bonds markets, and its ripples are likely to impact broader fixed income markets.
The top and bottom sectors, funds and stockmarkets of the quarter