Trustnet Magazine 91 January 2023 | Page 57

IA Sterling Corporate Bond

“ If 2023 proves to be a year of deep recession , given where yields are today , bonds should rally materially from here and offset losses in other asset classes ”

Stephen Snowden Manager of the Artemis Corporate Bond fund

He added that while investors can ’ t undo their losses from bonds and equities in 2022 , they can structure funds with greater income-generating potential and diversification . “ If 2023 proves to be a year of deep recession , given where yields are today , bonds should rally materially from here and offset losses in other asset classes ,” the manager said . “ Bonds can now , for the first time in a decade , provide diversification rather than uniformity of outcome .”
Getting ahead of itself But has the recovery in the sterling corporate bond market already gone too far ? Lewis Aubrey-Johnson , head of fixed income products at Invesco ,
Issue 91 - January 2023 / 57 /