There are clear reasons why strategic bonds funds have not participated in the 'duration party' of recent years but, asks Gill Hutchison, shouldn't investors expect them to be, well, more strategic?
Judged by relative performance alone, investors could be forgiven for feeling a little disappointed with their strategic bond funds. Over one, three and five years, the sector average performance is behind...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year