Deglobalisation: Downing the desire for duration
Simon Prior, Fund Manager, discusses why deglobalisation is marking a shift from decades of disinflation, bringing renewed inflationary pressures through fragmented supply chains and higher costs. He explains why in this environment, the team favour short-duration fixed income assets offering positive real returns, as traditional duration hedges become less effective.
Starmer Drama
Lloyd Harris, Head of Fixed Income, discusses why, as UK borrowing costs push higher, attention often turns to political developments, when, in reality markets are responding to deeper structural issues around debt, policy and credibility.