Fixed income is firmly back in favour with investors and wealth managers, however there are disagreements over the best part of the market in which to find returns.Retail investors have invested £4bn into fixed income funds since the start of the year, according to data from the Investment Association, compared with £4.7bn withdrawn on a net basis in 2022.Last month, AJ Bell’s chief executive, Michael Summersgill told the FT said he had never before seen the volume of fixed income purchases happening currently.Bonds are also getting more attention from money managers, said...
Markets have been too negative on global economic prospects but the UK could be a laggard when it comes to a recovery, economists and investors have suggested.Steven Bell, chief economist at Columbia Threadneedle, said consumer confidence had been very low in Europe and the UK due to concerns about the impact of higher energy costs, but could rise over the year - albeit more swiftly on the continent than in the domestic UK market.According to Bell, energy subsidies mean the issue has not had as profoundly negative an impact as originally feared. Therefore,...