245. Forget emerging markets – invest in a Barclays Bank bond

<p>George Curtis, portfolio manager and member of the Multi-Sector Bond team at TwentyFour Asset Management, presents a broad overview of bond markets as we stand today. He covers all areas from high yield to government bonds and gives insights as to why the <a href='https://www.fundcalibre.com/elite-funds/twentyfour-dynamic-bond'>TwentyFour Dynamic Bond</a> fund has been reducing exposure to both emerging market bonds and the high yield bond market, as well as the growing significance for ESG considerations within fixed income. <br/><br/><b>What’s covered in this episode: </b></p><ul><li>Why 2022 was one of the worst years on record for global bond markets</li><li>Three scenarios for global markets in 2023</li><li>Why we should expect continued volatility for fixed income</li><li>What investors can expect from high yield markets</li><li>Why the team continues to reduce exposure to high yield bonds</li><li>How a recessionary environment influences high yield bonds</li><li>The attractions of European high yield over US high yield </li><li>Why investment grade bonds are more attractive than they’ve been previously</li><li>The team’s preference for financial bonds such as banks within the investment grade space</li><li>The extra benefits of government bonds, particularly US Treasuries</li><li>The difficulty of navigating ESG in emerging market bonds</li><li>How ESG considerations influence a bond’s interest rate</li></ul><p><br/><b>More about TwentyFour Asset Management: <br/></b>TwentyFour Asset Management is an independent fixed income firm, founded in 2008 by a group of leading specialists. It offers highly transparent products that benefit from a rigorous detail-orientated investment approach to achieve superior risk-adjusted returns. The <a href='https://www.fundcalibre.com/elite-funds/twentyfour-absolute-return-credit'>TwentyFour Absolute Return Credit</a>, <a href='https://www.fundcalibre.com/elite-funds/twentyfour-corporate-bond'>TwentyFour Corporate Bond</a> and <a href='https://www.fundcalibre.com/elite-fu