Finding value in EMD and alternative fixed income
To navigate the hazards of the bond markets, one fund manager looks to US and emerging market debt for value while a fund selector finds opportunity in alternative fixed income.
Credit Suisse
-
-
Credit Suisse to transfer fund and manager to Lombard Odier
French-based Lombard Odier is to take over a Credit Suisse luxury product fund as part of a plan to expand into the sector.
-
Bond markets ‘at a turning point’
As interest rate hikes loom and quantitative easing ends investors need to be creative to find value in fixed income according to a bonds market expert.
-
ANALYSIS: Have hurricanes blown away cat bond credibility?
Investors were bracing for the worst when the Swiss Re Cat Bond Index plummeted 15% in the wake of hurricane Irma. But the unprecedented damage caused could actually be a blessing in disguise for the asset class.
-
ANALYSIS: Fixed maturity funds – Has the opportunity passed?
2016 saw some highly successful launches of fixed maturity bond funds as investors took the opportunity to lock in attractive yields combined with reduced duration risk. But are such products still worth buying now, with credit spreads having sunk below their long-time average?
-
Is the EMD buying spree going to hold this time?
Saudi Arabia’s record debt sale last week showed that emerging market bonds remain in strong demand with yield-hungry investors. However, the question is whether appetite could reverse as quickly as it has in the past.
-
Emerging market debt – a reversal of fortunes
Investors are fleeing from emerging market debt, and optimism for any recovery in the near term is low, particularly for local currency government bonds.
-
Fed rate hikes will drive down long-term returns – Credit Suisse
Credit Suisse has released a report which forecasts real equity returns will be limited to 4-6% over the next ten years and real bond returns will be close to zero. These predictions are in line with those of fund selectors.
-
Fund buyer split on high yield bonds
Investors are in disagreement about whether high yield bonds are a good buy now. A quarter of European fund buyers plan to increase their allocation in the next 12 months, but an almost equally big share of them intend to decrease exposure. Fund flows have also been capricious of late.
-
SEC to accuse Credit Suisse of inflating private bank assets
The US Securities and Exchange Commission (SEC) is reportedly set to accuse Credit Suisse of misleading investors by improperly inflating reports of the assets under management in its private bank.
-
Swiss put all cards on high yield bonds
In Switzerland, there are more investors planning to increase exposure to high-yield bonds than to all other fixed income categories combined.
-
Fund Favourites – Omar Gadsby
In this new series, we ask a fund selector to pick one of his favourite funds and tell us what makes it so good. We kick off with Omar Gadsby, who chose to highlight the Muzinich Long Short Credit Yield Fund.