In these two videos, Head of Fixed Interest, David McLeish explains the impact of rising interest rates on fixed interest assets and then discusses some of the attractive opportunities that exist for the Income Fund based on current market conditions.
Why do Fixed Interest assets fall when interest rates rise?
In this video, David McLeish explains how rising interest rates affect the price of fixed interest assets, as well as what has been driving the recent interest rate increases. He also talks about some positive signs that may ease the pressure on fixed interest assets.
What opportunities do we see for the Income Fund?
With some positive signs that global inflationary pressures might be easing, David explains what what opportunities this could create for fixed interest markets - particularly for corporate bonds.