https://www.scmp.com/rss/512371/feed Jim Cielinski is global head of fixed income at Janus Henderson Investors, a position he has held since 2017. Previously, he was the global head of fixed income for Columbia Threadneedle Investments from 2010. Prior to joining Columbia Threadneedle, he spent 12 years at Goldman Sachs Asset Management as managing director and head of credit. He received bachelor of science degrees in management and finance from the University of Utah and an MBA with a concentration in finance from New York... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com At a time of rising inflation and interest rates, it is easy to dismiss fixed income as an asset class, particularly since bond valuations are relatively high by long-term historical standards. However, this view neglects the wider context. First, the valuations of all assets are high, especially equities – think of tech stocks, for example. In such circumstances, selling riskier assets such as shares and switching to a lower-risk alternative like bonds is the best way to diversify. Cash might... https://www.scmp.com/comment/opinion/article/3174743/active-bond-investors-stand-gain-amid-rising-inflation-and-interest?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3174743/active-bond-investors-stand-gain-amid-rising-inflation-and-interest?utm_source=rss_feed Wed, 20 Apr 2022 04:30:13 +0000