Investing in fixed income now is like marmite! Nick has run and managed this fund at AXA since 2012 and he freely admits it is not an exciting strategy. He is not looking to take big risks but simply to deliver bond returns. He feels that everyone should have bonds in their portfolios as an insurance policy. We are ten years into a bull market in equities. At some point this cycle will reverse, and when equities fall bonds tend to do well. Therefore, to hold a strategy like this he believes provides downside protection.
He also explained that this is not an aggressive strategy, he is not trying to be clever. It is a simple strategy that provides geographic diversification, active asset allocation, flexibility by investing across the entire global fixed income universe, access to a well-established specialist team and a total return mindset…read more