Asset allocators have warned pitfalls from quantitative tightening (QT) are lurking in bond markets, which have the potential to cause a "bond catastrophe" forcing investors to reduce their credit holdings.
Cautioning investors, Man GLG's Craig Veysey, lead fund manager of the group's Strategic Bond fund, said QT could see "large swathes" of BBB-rated bonds tumble into the high yield index, while chief strategist...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November