stagflation

Fixed Income

The new defensive: Is there life after bonds?

Investors are facing some deeper thinking about defensive asset classes, portfolio diversification and income generation in light of the diminished attributes bonds now hold in light of unique circumstances financial markets are throwing up. Experts discuss the evolving environment and consider relevant defensive strategies.
Hedge Funds

Stagflation a growing risk, warns Dr Susan Gosling

A return to the stagflation that impacted many developed world economies in the 1970s is a growing fear of Dr Susan Gosling, head of investments at MLC. The 1970s were marked by commodity price spikes, a high US Dollar, bond yields climbing, high unemployment and equities flat lining, as the Dow Jones realised just 5 […]
Hedge Funds

Linked in: the perks and pitfalls of running ILBs

Inflation is coming, and with commodity prices and property valuations in decline, some investors are allocating to inflation-linked bonds, which are built to outperform once economic growth is hit and real yields fall. But ‘linkers’ carry illiquidity and volatility risks that can undermine their appeal. How should superannuation funds approach these assets? SIMON MUMME reports. […]
Hedge Funds

Linked in: the perks and pitfalls of running ILBs

Inflation is coming, and with commodity prices and property valuations in decline, some investors are allocating to inflation-linked bonds, which are built to outperform once economic growth is hit and real yields fall. But ‘linkers’ carry illiquidity and volatility risks that can undermine their appeal. How should superannuation funds approach these assets? SIMON MUMME reports.