Ken Willis highlights the attractions of global bonds
13 February 2012

Ken Willis, head of corporate investment at consultancy Lane Clark & Peacock, said UK schemes' current thinking is "somewhere in between" a historical fixation upon UK government bonds, and a willingness to seek opportunities elsewhere.

He said institutional investors had begun to think of bonds as a source of returns, rather than just a way of making sure that at least a portion of their liabilities are covered, or "matched".

He said: "UK government bonds are very expensive and they are therefore asking themselves whether they can deploy that capital elsewhere.  It is very sensible to look at all the opportunities that are out there."

Financial News
13 February 2012