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By Mohammed KAZMI, Chief Strategist Senior Portfolio Manager, Global Absolute Return Fixed Income, Union Bancaire Privée, UBP
With inflation and interest rates pushing up rather than down and fast-changing policies and scenarios in the US, UBP’s fixed-income experts explore how investors can put together a flexible and resilient bond portfolio in an approach favouring the long term.
When we look back at the last three decades, we can see that economic recessions and major market crises have mainly produced disinflationary shocks for the economy. Notable events such as the Great Financial Crisis, marked by the collapse of Lehman Brothers, and the Covid-19 pandemic led to a pronounced decline in nominal growth, with both inflation...
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