LeggMason Investors is bullish on the outlook for UK corporate bonds in the belief that the low infl...
LeggMason Investors is bullish on the outlook for UK corporate bonds in the belief that the low inflation and low interest rate environment is set to continue. Chris White, director at Legg- Mason Investors and manager of the group's Monthly Income and UK Income unit trusts, believes the current environment will favour corporate bonds, as bond markets do not react well to sustained pick-ups in inflation. White says: 'This could favour bonds on a risk-return ratio compared with equities. If you think stock market returns are going to be lower than they have been in the past, then bon...
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