The tide turns

With emerging market assets under pressure on the back of rising US interest rates, a strong dollar and an escalating trade war between the US and China, our equity and bond teams give their opinion on areas to avoid and where pockets of value are emerging.

A sound portfolio construction process is critical to avoiding the pitfalls of behavioural biases, which will become all too apparent as the credit cycle turns

Rampant property price inflation has put Australian authorities in a tight spot as they attempt to tighten banks’ lending standards without triggering a credit crunch, argues James McAlevey.

We consider how technological advances, alternative data sources and shifting investor flow dynamics are changing the face of fixed income markets.

Market indices are inherently inefficient. That can pose a problem for fund managers who rely too much on them as performance and risk benchmarks, explains Josh Lohmeier, head of North American investment grade credit at Aviva Investors.

Despite a torrid few months, frontier bond markets still have an important role to play in investors' portfolios.

Duration is a key consideration for bond investors. But it’s far from the whole story.

The latest feud between the US and China has sparked fears of an all out trade war, with much at stake for both countries and the wider world.

Opportunity knocks for fixed income investors who are not forced to ‘hug’ market indices.

A jump in interest rates could swamp high yield returns, but a global approach and a focus on short duration can help weather a rising tide.

Countries in receipt of IMF support often see rapid economic improvements. But local knowledge is crucial for bond investors chasing the ‘IMF trade’, says Carmen Altenkirch.

Why absolute return fixed income challenges traditional asset allocation thinking.