8 Feb 2022 TwentyFour Blog What will turn this market around? For fixed income investors, the start to 2022 has been trickier than any we have experienced for many years, but we think this difficulty is to be expected and aligns with our macro view. Read more
8 Feb 2022 Market Update Why central bank policy errors should be top of your 2022 worry list With inflation soaring and the economic recovery looking more fragile, we look at three famous central bank policy errors to demonstrate why they can be so dangerous for investors, and consider how a fixed income portfolio can be strengthened against the risk. Read more
4 Feb 2022 TwentyFour Blog Catching up the curve Yesterday was a noisy day for the Bank of England (BoE) and European Central Bank (ECB), usually an undesirable situation for market participants. Read more
27 Jan 2022 TwentyFour Blog Yields soften blow of Powell’s hard words Powell’s hard line may have surprised investors, particularly in light of recent market volatility and increasing geopolitical risk in Eastern Europe, but the Fed’s fear of prolonged higher inflation looks to be trumping those concerns. Read more
24 Jan 2022 Market Update Investment Grade Quarterly Update – January 2022 TwentyFour Partner and Portfolio Manager, Gordon Shannon, discusses how the investment grade strategy has performed in Q4 2021 and provides his outlook for the new year. Watch now
24 Jan 2022 Market Update Multi-Sector Bond Quarterly Update – January 2022 TwentyFour Portfolio Manager, Charlene Malik, discusses market conditions in Q4 2021 and provides her outlook for the new year. Watch now
21 Jan 2022 TwentyFour Blog European ABS: Five things to expect in 2022 If 2021 was a bad year for global bond returns, it follows there were few natural shelters to be found within fixed income from the brunt of inflation and rates-driven volatility; the Barclays Global Aggregate Index (a widely used broad measure of bond performance) returned -4.7% in USD terms, while European investment grade credit returned -1.1% despite credit spreads tightening over the course of the year. Read more
20 Jan 2022 Market Update Three strategies for beating inflation with bonds Inflation was the dominant theme across financial markets in 2021, and we think it is likely to be a big driver of returns again in 2022. Read more
18 Jan 2022 Market Update European ABS: Five things to expect in 2022 With inflation and rate hikes dominating market discourse, we expect floating rate assets such as ABS and CLOs to benefit from increasing demand in 2022. Read more
18 Jan 2022 TwentyFour Blog Why so quiet at the Bank of England? It has been a very interesting start to the year in the rates sector of the market. Read more
6 Jan 2022 TwentyFour Blog Comprehending the latest Treasury spike Given the swiftness of the Fed’s pivot we think risks are tilted towards the central bank doing more and not less. We wouldn’t even rule out a 50bp rate hike at some point. Read more
14 Dec 2021 TwentyFour Blog FOMC: Hard to shake sense the Fed is behind the curve Jerome Powell’s recent testimony to the Senate Banking Committee, in which he said the Fed would discuss a faster taper of its asset purchases at December’s FOMC meeting, has led to intense speculation that we could see a move this week. Read more