Fixed Income Boutique
Based in Zurich and New York, the Fixed Income Boutique is an active manager aiming to capitalize on market trends and inefficiencies.
The duration deliberation
TwentyFour
TwentyFour Asset Management's Chris Bowie discusses the underweight duration across all of our outcome driven strategies, how this phase is now coming to an end, and why we are beginning to increase our interest rate duration in all of our funds.
Key takeaways:
Duration strategy
- For the last two and a half years, the strategy has been underweight in duration across all of our outcome driven (OD) strategies, due to changing inflation leading to global interest rate hikes
Shift in strategy
- The steepening yield curve has promoted us to increase duration across all of our OD funds, including short-dated funds to take advantage of higher four and five-year yields
Future opportunities
- The strategy remains cautious, but if spreads widen this year, it will provide a good entry point to add credit spread duration back into our portfolios
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Fonds apparentés
Vontobel Fund - TwentyFour Absolute Return Credit Fund
Vontobel Fund - TwentyFour Sustainable Short Term Bond Income
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