In the fixed interest environment, investors are favouring Government bonds. The UK is an exception ...
In the fixed interest environment, investors are favouring Government bonds. The UK is an exception where corporate bonds are outperforming. Mark Parry, director of fixed income at Dresdner RCM Global Investors, says: 'We are positive on global bonds as we are in a period of weak economic growth and controlled inflation.' Parry explains the environment is supportive of global bonds as central banks continue to cut interest rates. The Fed has been easing monetary policy and so has the Bank of England. Although the ECB has been slow to cut interest rates, Parry expects cuts will be made ...
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