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Fixed income best-selling asset class in July
$20bn to $30bn 'bespoke tranches' issued in 2017
‘Promising lead’ or ‘Back to the lab’?
High valuations across financial markets
Consider hybrid capital
Between 4.07% and 4.83% annual interest
High risk of policy error
‘Fading economic growth’
Now entering ‘normalisation’ cycle
'Diversification of managers to mitigate risk'