A collection of Futuregrowth thought leadership pieces, media articles and interviews.

Bond Wrap-up 18/04

18 Apr 2017

Bond Wrap-up

Every week we give you our summary of happenings in the bond market.

The newly appointed Minister of Finance is saying what the investment community so desperately wants to hear: “no worries, the fiscal situation is not about to change significantly”. Even after attending an almost two hour gathering with the minister, as a team we remain firmly of the opinion that a very defensive investment strategy remains the most appropriate alternative. The combination of weak economic fundamentals, negative credit ratings momentum and the continued build-up of massive non-resident exposure (on the back of the revived global search for yield) is potentially lethal.