Emerging markets a ‘sweet spot’ for fixed income
Emerging market bond funds are the “sweet spot” when it comes to the search for fixed income yield, according to BlackRock.
Debt
-
-
How to respond to the end of easy money
After a decade of ultra-low interest rates and loose monetary policy, the consensus is that central banks around the world will continue to tighten their belts in 2018, so how best to tackle the shift?
-
The hidden risk in debt benchmarks
Bond indices were never intended to form a basis for investment but merely reflect a market. As a consequence, they expose investors to unintended risks and are not a rational investment strategy.
-
Investors flock to EM debt in yield-starved world
With most global fixed income markets priced for perfection, investors are flocking to the one yield hold-out left: emerging market debt. But are investors really being compensated for the risk?
-
Bull market is entering extra time, says Robeco
The nine-year bull market is going into extra time now, thinks Robeco. A real possibility is that the match will end in a sudden death, by a major world leader’s own goal. And that’s someone who’s fonder of football than Donald Trump.
-
Axa IM adds China bond fund to short duration stable
Axa Investment Managers has launched a China short duration bond fund, which aims to give investors exposure to the 56trn (€7trn)renminbi bond market.
-
Risk of another US debt ceiling impasse already hitting treasuries
An impasse over raising the debt ceiling could see the US hit the financial buffers in early October failing to meet around 23% of its short term obligations, an analysis by Washington think tank the Bipartisan Policy Centre has said.
-
Appetite for absolute return funds falls to new low
Fund selectors are losing enthusiasm for absolute return funds. Appetite for long/short equity and bond funds as well as multi-strategy funds has fallen to its lowest point for at least two years.
-
Investors flock to high-risk bonds
Investors are stepping up their allocation to high-yield bonds and emerging market debt. The pair were the two best-selling asset classes in January, according to Morningstar fund flows data.
-
Global debt binge continues apace – IIF
Record-low borrowing costs are continuing to fuel a debt build-up in both developed and emerging markets. Global debt has now reached 327% of GDP, according to the International Institute of Finance (IIF), with EM non-financial corporate debt increasing at the fastest rate.
-
Sovereign debt with negative rates at $10.4trn
The amount of global sovereign fixed income with negative interest rates is up 5% since the end of April, according to Fitch Ratings.
-
China has a credit problem and it knows it
Anybody who says that China doesn’t have a credit problem is lying because when that much credit is pumped into the system there is no way that every single loan is a sound investment, according to Schroders’ head of Asian equities Singapore, Lee King Fuei.