Money master: The BlackRock Inc headquarters building in New York. BlackRock Inc, which oversees US1.78 trillion in fixed income, favours moving up in credit quality, according to its 2018 global outlook. — Bloomberg
NEW YORK: It turns out 2017 was a good year to be a bond investor – if you picked the right spots. Next year presents plenty of potential pitfalls, from divining the path of inflation to determining whether tight credit spreads can persist.
Bloomberg has drawn together views from money managers who oversee a combined total of more than US$7 trillion in fixed-income assets for their perspectives on how to achieve top returns in the year ahead. Some urge caution, although many acknowledge that the global economy looks to be on solid footing.
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