|
New research from Managing Partners Group (MPG), the international asset management company, shows institutional investors and wealth managers expect the correlation between bonds and equities to turn increasingly negative over the next 12 months. The study with institutional investors and wealth managers holding assets of €107 billion under management found 43% believe the recent positive correlation between the two asset classes with both falling and rising together will reverse.
Around one in three (31%) questioned in the research by MPG, which runs the Melius Fixed Income Fund, said they expect the correlation to become increasingly positive while 24% believe it will not change and 2% were undecided. Fears of recession in major economies is however driving...
|