Gilts tipped to thrive in 'certain' UK recession

Williams, the City Financial Strategic Gilt fund manager, expects a recessionary environment to be “extremely favourable” for the gilt market. He feels IFA should not sit on their hands and treat a recession as nothing other than a “certainty”. Williams, who steered his fund to the top of the IMA UK Gilt sector in 2007, says the UK faces a sustained economic downturn. "The news needn’t be all bad. While a recessionary backdrop is cause for concern in other asset classes and certain sectors, it is in fact extremely favourable to the UK gilt market,” he says. “It would be very unusual to ...