Insight turns attention to longer-dated issues

Insight Investments is avoiding the short end of the fixed interest market and focusing on longer dated issues. The group's director of fixed interest, Peter Geikie-Cobb, also believes value remains at the long end of the market as the short end now looks expensive. Geikie-Cobb said: 'All the action has effectively happened in the short end of the yield curve. We think some of this strengthening will begin to unwind. The long end of the curve in this low growth and low inflation environment means a real yield of some 3% which looks quite attractive.' When it comes to individual gover...