Yields are getting hard to come by, says Schroders’ chief investment officer

“The future is always uncertain and risks are always around the corner. But there was always one thing you could rely on, and its absence makes things a lot more difficult: the comfort of bonds and cash, ” said Kyrklund

PETALING JAYA: Unlike previous crises where you could always get some yield from government bonds, or even cash, this is not the case this time around, says Schroders chief investment officer and global head of multi asset investment Johanna Kyrklund.

In her Talking Point report, she said that with the Covid-19 pandemic, the causes of such markets are typically without precedent, be it the emerging-market crisis of the 1990s, the end of the dotcom bubble in 2000, the Enron scandal in 2002, the global financial crisis in 2008, or the European sovereign debt crisis.