Emerging from last year battered and bruised by bonds as inflation ripped through the global economy, many investors are understandably asking whether they should continue to own them. Can bonds still fulfil their roles as diversifiers and yield generators in multi-asset portfolios?
Drawdowns in global fixed income markets should not distract investors from the crucial role that bonds can play as a volatility dampener in their portfolios, says Viktor Nossek
Opportunities exist though caution is advised
Higher yields offer a fertile environment for fixed income
US high yield market is healthiest in years
ESG challenges are complicated and diverse for many asset classes, and fixed income is no exception
With real yields negative in many markets, where might you find the returns you need?