Policy asymmetry will continue to drive asset performance as markets require constant accommodation to deliver status quo economic (not market) outcomes. Watch for changes in liquidity provision as forward markers of performance. Bonds will continue to deliver traditional portfolio attributes of liquidity, negative correlation and convexity as witnessed last year in deeply negative yielding markets.

Presentation  (4.5 mins)  |  Podcast

ABOUT THE AUTHOR

Charles Jamieson is Executive Director and CIO at Jamieson Coote Bonds (Melbourne) which is represented in A...