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Get out of the fixed income comfort zone: Amundi

In terms of investment style, buy-and-hold may not work, says firm

Singapore

YIELD-hungry investors who want to continue to receive the same level of income that they got in the past few years must be willing to venture out of their comfort zones, says Adrian Bender, Amundi head of product specialists (global fixed income, global macro and FX).

Over the past few months, fixed income markets have been roiled by selloffs, negative yields and tight liquidity conditions. Just in the past few days, global bonds have sold off led by the German bund and US Treasury markets, fuelled by the lack of liquidity.

Mr Bender said: "As fixed income managers, we may manage a cash plus 4 per cent product. Just a few years ago when yields were higher, you could get yields to do a...

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