We invite you to watch our latest video featuring J. P. Morgan Asset Management's head of global aggregate strategies for global fixed income, Iain Stealey.
Amid paltry global growth figures, the new phenomenon of negative interest rates sees investors pay governments for the privilege of lending them money. While this is bad news for lenders who rely on income payments from bonds to generate a return, Stealey, who is the lead portfolio manager on the JPMorgan Global Bond Fund, says it has removed the market's theoretical bottom and opened the door for the multi-decade bond rally to march on and on.
While he acknowledges there will be volatile periods for fixed income, he believes there are still pockets of value for managers with the flexibility to invest globally.
The video and accompanying article will resonate particularly with advisers and investors looking to diversify their fixed income allocation with an actively managed solution.