For financial professionals in Finland

Strategic Fixed Income — let’s talk inflation

Jenna Barnard, CFA

Jenna Barnard, CFA

Co-Head of Global Bonds | Portfolio Manager


13 Feb 2018
4 minute watch

Co-Head of Strategic Fixed Income at Janus Henderson, Jenna Barnard, explains how many investors are convinced of a regime shift in inflation and the impact it has had in the bond markets. However, the Strategic Fixed Income Team, while respectful of the current volatility and sharp repricing in the markets, do not see any new information that would change their longer term view on bond markets.

Key points:

  • Bond markets are yet again trading on shifts in ‘narratives’ rather than ‘fundamentals’
  • Core inflation has been remarkably stable across developed economies since the late 1990s and will likely remain low because of a number of long-term, structural factors
  • Need to be patient for the latest bout of volatility to burn out when good investment opportunities should surface

 

These are the manager’s views at the time of recording on Tuesday 13 February.

These are the views of the author at the time of publication and may differ from the views of other individuals/teams at Janus Henderson Investors. Any securities, funds, sectors and indices mentioned within this article do not constitute or form part of any offer or solicitation to buy or sell them.

 

Past performance does not predict future returns. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.

 

The information in this article does not qualify as an investment recommendation.

 

Marketing Communication.

 

Glossary

 

 

 

Important information

Please read the following important information regarding funds related to this article.

The Janus Henderson Horizon Fund (the “Fund”) is a Luxembourg SICAV incorporated on 30 May 1985, managed by Janus Henderson Investors Europe S.A. Janus Henderson Investors Europe S.A. may decide to terminate the marketing arrangements of this Collective Investment Scheme in accordance with the appropriate regulation. This is a marketing communication. Please refer to the prospectus of the UCITS and to the KIID before making any final investment decisions.
    Specific risks
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Jenna Barnard, CFA

Jenna Barnard, CFA

Co-Head of Global Bonds | Portfolio Manager


13 Feb 2018
4 minute watch