'Not an investment that fits all, but a clever opportunity for some'
Fixed income is back — but not in the way many investors remember it, writes Gerald Rehn
'A further complication is that bond indices generally have much higher turnover'
'Strategy is key when it comes to fixed income allocations within model portfolios'
Sara Devereux, global head of fixed income at Vanguard, says bond investors are in a rare sweet spot – strong yields, low risk and big potential.
'These aren't just numbers - they're missed opportunities'
'The fixed income market is in an odd place'
The instruments blend characteristics of both debt and equity