With most bonds continuing to trade above their par values, and at levels that leave them very sensitive to changes in interest rate expectations, Barclays strongly favours stocks over bonds, the bank said in a report.
Continue to hold developed markets equities while cutting weightings in bonds and credit as higher interest rates approach, UK-based Barclays Wealth, a leading global wealth manager, has advised its clients.
Aaron S Gurwitz, chief investme
Investors should hold a full complement of risk assets, and all portfolios should contain some investments that will do well if the recovery falters, said a financial expert.
“The upside and downside risks now look more equally balanc
Barclays Wealth, the global wealth manger, is still generally positive on corporate assets globally, since valuations still look inexpensive in the case of equities and high-yield credit, a top official said.
The May edition of Compass fro