Andrew Wells, Fidelity's global CIO for fixed income, has said this year will be about the hunt for income, but warned low interest rates and low growth will be dangerous for investors.
Investors flocked to buy index-linked gilts in a Debt Management Office(DMO) auction yesterday, despite real yields being the lowest since the bonds were first offered in the early 1980s.
Fidelity has added a new product to its emerging market (EM) debt fund range, taking its total number of products to four.