Single country risk adds to appeal of global bonds

Increasingly, investors are looking to diversify their investments, and this applies as much to fixed interest holdings as it does to equities. The single country risk issues, highlighted by the peripheral European nations have highlighted this need for diversification, and a global bond can provide this. Here we look at the current market for global bonds, and highlight some of the issues to consider together with a couple of funds that we feel are worth looking at. The big picture From a macro perspective the issues are quite clear - there is sovereign stress coming from debt refi...