Low yields in combination with duration and inflation concerns have heightened the risk for cautious investors whose portfolios are "stuffed" with UK government bonds, according to Morningstar's Mike Coop.
The group's head of multi-asset portfolio management pointed out that, while the average yield on gilts had fallen significantly, duration on UK government bonds had all but doubled since 1998, as the...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions