The equity affair is fraught - it’s time to partner with bonds
Paul Benson | Insight Investment | 15 August 2023 | 0.25 CE
Since the GFC in 2008, the world has delivered the perfect storm for equity returns, but central bank pump priming has now ended and equities are no longer the reliable investment partner many have come to love and know. Even through this perfect equity storm, high yield bond returns have been reliably similar to equities but with contractual income and much lower dispersion. Advances in trading technology have created liquidity in the higher yield segment allowing their compelling risk/return benefits to be unlocked. Achieving equity like returns with much ...