The secular backdrop for the next five years invites advisers to reverse the typical 60/40 per cent equity and bond asset allocations in portfolios, according to PIMCO fixed income experts.
A fixed income veteran has left BlackRock after almost 20 years to take up a position of global CIO for fixed income, responsible for managing $278 billion in fixed income assets.
Portfolio manager Andrew Canobi reviews the factors that have supported strong recent performance for US and Australian credit markets, while making the case this trend is slowing down.
Schroders portfolio manager and deputy head of fixed income, Kellie Wood, has shared the asset allocation in the firm’s Fixed Income Fund as the RBA finds itself in a tricky situation.
