Increased focus on bespoke relationships
Investors cannot afford to ignore the increasingly positive correlation between core government bonds and credit markets as rate rises loom, says Jon Jonsson, senior portfolio manager, global fixed income at Neuberger Berman.
North Asian economies appear most exposed
Neuberger Berman's Jon Jonsson (pictured), senior portfolio manager of the $155m Global Bond Absolute Return fund explains why he has not reduced his short position in German bunds despite the recent sell-off.
Neuberger Berman has launched a global credit long/short fund for a four-strong team of credit managers that joined the group through an acquisition last year.
Fund managers give their views on the key issues impacting global asset classes and outline how they are positioning portfolios.
Raoul Luttik, lead portfolio manager, EMD local currency strategy at Neuberger Berman, explains why frontier market bonds may be a better bet than emerging markets this year