Is fixed income shift proof of rear-view mirror investing?

Hindsight, particularly in investment, is both a wonderful and frustrating thing. How often might investors look back and think: ‘that is when I should have gone in’? When the global credit crunch began five years ago, and banks started to collapse on what seemed like a monthly basis, investors were left scrambling to protect their capital. As risk appetite faded and seemed to almost disappear, investors pulled money from equities and property and poured it into fixed income. According to FE, UK investors in fixed income could have expected average returns of 45% in the five years to ...