CIOs upbeat on bonds despite expected rate hike
Demand for yield and fixed income seen as a secular trend in ageing populations
Singapore
EVEN though the market expects the US Federal Reserve to hike rates after its Wednesday meeting, various chief investment officers (CIOs) and senior investment analysts are sanguine about the interest rate-sensitive bond market.
Ageing populations across the world still mean slow economic growth and a persistent demand for bonds, they said at a roundtable organised by the Investment Management Association of Singapore.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Shell earns US$1 billion a year from US crude trading, court filing shows
Sembcorp announces long-term power purchase agreements with Equinix
Hot stock: Singtel down about 3.3% after announcing S$3.1 billion impairment hit
Dubai begins construction of ‘world’s largest’ airport terminal
Hot stock: Seatrium up 5.6% on S$100 million share buyback programme
Gold eases as steady US dollar dampens appeal