While many of the investors who have sold equities in favour of bonds during the bear market are likely to switch back when it abates, credit can offer strong long-term returns in comparison to equities
Corporate bonds have been the only silver lining in a distinctly cloudy past three years for investors. The turmoil of equity markets has seen investors rushing towards so-called safe haven investments, namely corporate bonds and gilts and it is easy to understand why. Fixed interest has traditionally been a very attractive area for the more risk-averse investor and for those preferring steady income rather than inconsistent growth. And now these investors are being joined by an increasing number of shell-shocked equity investors who have grown tired of market movements eating up thei...
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