How can investors protect portfolios against rising interest rates?

Ben Yearsley, head of investment research, Charles Stanley Direct When interest rates finally start rising in the developed world, it should be a sign of a healthier and more sustainable economy, which might lead many to question whether "protecting a portfolio" is really all that vital? The big problem area, however, will be bonds and fixed interest, which would, in all likelihood, perform poorly in this scenario. Looking at the bond world, funds such as Old Mutual Global Strategic Bond are positioned for such an environment: if rates go up, manager Stewart Cowley's strategy should pr...