M&G's Chorlton Says Value Has Returned to Fixed Income
M&G's CIO Andy Chorlton stated that rising bond yields have made fixed income assets more attractive, describing them as a low-risk investment option compared to other market alternatives.
Andy Chorlton, CIO for fixed income at M&G, says the recent rise in bond yields has made the asset class more attractive after years of poor returns. "Real yields are positive. 2% positive in 10-year real yields in the in the US and the UK. That's not a bad starting point for what is still, in my belief, a low-risk asset class versus all the other things you can buy," Chorlton tells Bloomberg Television. (Source: Bloomberg)
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