Market insights

With convertible bonds, investors have access to growth companies with disruptive business models with all the advantages that the asset class offers.

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Our portfolio management teams present their outlooks for 2021.

Convertible bonds have performed very differently so far this year, depending on the index under review. There are a number of reasons for this.

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Covid-19 is likely to have a considerable impact on the second half of the year. Dovish central bank policies have mitigated the pandemic’s economic fallout, but with monetary policy being so dominant, it has maintained the gap between growth in the real economy on one side and equity and bond valuations on the other.

 

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Our portfolio management teams present their outlooks for 2020.