Gilt trip: Getting to know the fixed income wallflower

At first glance, the IMA UK Gilts and UK Index-Linked Gilts sectors may not seem the most exciting of sectors to talk about. However, despite a low appetite for these instruments, investors are often forced to invest in these sectors to achieve their strategic asset allocation, so they are important. The timing of this article is interesting as Mark Carney celebrated his first anniversary as governor of the Bank of England at the beginning of the month. Under his tenure, UK gilts and UK index-linked gilts may have reached an inflection point. After years of very low interest rates, Ca...