Positioning for Relative Value in a Risky Macro Environment

In today’s environment of macro uncertainty, the long-held assumption that government bonds are a risk-free asset is being challenged. As market dynamics shift and volatility becomes the norm, investors are rethinking the role of fixed income in portfolio construction.

Cameron Shaw, Portfolio Management & Regional Head UK, and Mark Pearce, Investment Director, explore why government bonds may no longer offer the safety net they once did and how relative value is increasingly being used as a strategic replacement for credit risk.

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