Global Fixed Income
Analysing the prospects for global bond markets.
Latest Thoughts

March 2021 / INVESTMENT INSIGHTS

Fasten Your Seatbelt for More Interest Rate...

Fasten Your Seatbelt for More Interest Rate Volatility

Fasten Your Seatbelt for More Interest Rate...

Rising bond yields and interest rate volatility are expected to continue

By Arif Husain

Arif Husain Head of International Fixed Income

March 2021 / MARKETS & ECONOMY

Pleasant Recession, Unpleasant Recovery

Pleasant Recession, Unpleasant Recovery

Pleasant Recession, Unpleasant Recovery

Weak pent-up demand will likely prevent a post-COVID boom

By Nikolaj Schmidt

Nikolaj Schmidt Chief International Economist

March 2021 / MARKETS & ECONOMY

Has the Fed Turned Hawkish by Allowing Bond...

Has the Fed Turned Hawkish by Allowing Bond Yields to Surge?

Has the Fed Turned Hawkish by Allowing Bond...

It seems happy to let financial market conditions tighten.

By Nikolaj Schmidt

Nikolaj Schmidt Chief International Economist

February 2021 / MARKETS & ECONOMY

The Risk Rally Will Likely Continue, but...

The Risk Rally Will Likely Continue, but It Is Vulnerable

The Risk Rally Will Likely Continue, but...

A price correction is possible

By Nikolaj Schmidt

Nikolaj Schmidt Chief International Economist

February 2021 / MARKETS & ECONOMY

The EU-UK Trade Deal Leaves Open Questions

The EU-UK Trade Deal Leaves Open Questions

The EU-UK Trade Deal Leaves Open Questions

But the exclusion of some areas brings opportunity for reform

By Quentin Fitzsimmons & Tomasz Wieladek

By Quentin Fitzsimmons & Tomasz Wieladek

December 2020 / MARKETS & ECONOMY

Market Optimism May Be Justified—But I Urge...

Market Optimism May Be Justified—But I Urge Caution

Market Optimism May Be Justified—But I Urge...

Weak growth and a fiscally hamstrung U.S. signal trouble ahead

By Nikolaj Schmidt

Nikolaj Schmidt Chief International Economist

December 2020 / INVESTMENT INSIGHTS

Central Banks Are Not Out of Ammunition Yet

Central Banks Are Not Out of Ammunition Yet

Central Banks Are Not Out of Ammunition Yet

How the prospect of further monetary easing could impact bond markets

By Arif Husain & Quentin Fitzsimmons

By Arif Husain & Quentin Fitzsimmons

November 2020 / INVESTMENT INSIGHTS

Navigating Fallen Angels in the Post-Coronavir...

Navigating Fallen Angels in the Post-Coronavirus Landscape

Navigating Fallen Angels in the Post-Coronavirus...

Uncertainty means investors should proceed with caution

By David Stanley & Steven Boothe

By David Stanley & Steven Boothe

October 2020 / OUTLOOK

Mindful of Risks That Could Trigger Bouts...

Mindful of Risks That Could Trigger Bouts of Volatility

Mindful of Risks That Could Trigger Bouts...

Fixed Income Quarterly Outlook Q3 2020

By Arif Husain

Arif Husain Head of International Fixed Income

Fixed Income
RELATED FUND
SICAV
Class Qn USD
ISIN LU1238971615
We use a flexible, benchmark-agnostic approach to invest across the full global fixed income opportunity set aiming to provide regular returns, capital preservation and diversification from equity risk. View More...
3YR Return
(Annualised)
2.00%
Fund Size
(USD)
$1.6b
Avg Coupon
2.62%
Avg Maturity
6.02 yrs
Avg Duration
-0.57yrs
RELATED FUND
SICAV
Class Qdn USD
ISIN LU1244140320
A concentrated, high-income portfolio of primarily global high yield corporate bond opportunities. We apply an active management approach to global high yield to capitalise on market inefficiencies, sector positioning and idiosyncratic events while seeking enhanced return potential. View More...
3YR Return
(Annualised)
4.13%
Fund Size
(USD)
$1.0b
Avg Coupon
6.18%
Avg Maturity
6.24 yrs
Avg Duration
3.16 yrs
RELATED FUND
SICAV
Class I USD
ISIN LU1216623295
A high conviction portfolio of around 75-150 of the best global corporate bond ideas generated by our global research platform. We invest primarily in a diversified portfolio of investment-grade corporate bonds from issuers around the world, including emerging markets. View More...
3YR Return
(Annualised)
5.15%
Fund Size
(USD)
$44.9m
Avg Coupon
3.39%
Avg Maturity
8.82 yrs
Avg Duration
6.61 yrs
RELATED FUND
SICAV
Class I USD
ISIN LU0133095660
A portfolio of holdings of between around 400 and 600 issuers that seeks to exploit inefficiencies in the full universe of the global fixed income and currency markets. View More...
3YR Return
(Annualised)
3.76%
Fund Size
(USD)
$613.1m
Avg Coupon
2.16%
Avg Maturity
9.86 yrs
Avg Duration
6.84 yrs