2015 is proving to be a tougher year for fixed income investors as rising bond yields are dragging down returns. Against this, volatility in other assets is rising as investors confront the challenges of a nervous and fragmented Europe, a slowing Chinese economy and a US Federal Reserve with its finger on the rate trigger. We caught up with Simon Doyle to discuss what investors should expect from their defensive investments over the year ahead and highlight the ongoing relevance of fixed income in client portfolios.
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