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Fund managers set out 2017 debt preferences

Being flexible and selective will be key to success in fixed income investment this year, say debt specialists. They tip high yield and, later in the year, emerging-market debt to do well.
Fund managers set out 2017 debt preferences
Do not rely on beta for returns in an environment where yield is no longer your friend, stress fixed income managers. Inflation appears to be rising and that normally spells bad news for bonds. AsianInvestor is running a series of articles examining the implications this is likely to have on fixed income portfolios. The first article, published yesterday, focused on the outlook for US Treasuries. Today, we examine which asset classes may perform well in a highly uncertain enviro…
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