Fixed income is losing its appeal as a portfolio diversifier after more than 40 years as a “formidable” asset class, the chief investment officer of the UK's largest asset manager claims.
Speaking to Financial News as part of the 2021 Money Masters series, Sonja Laud said rising inflation is forcing a re-think among investors, who are ditching the asset class for others offering more attractive returns in the current environment.
“Investors...
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