“A Reasonable Expectation for Investment Grade Bonds Would Be A 6% Total Return in 2024”

Interview: Euan McNeil and Kenneth Ward, fund managers of Aegon AM

Date:

Photo courtesyKenneth Ward (left) and Euan McNeil (right), fund managers of Aegon AM

Author: Guadalupe Barriviera

"Our expectation would be that subordinated (and higher yielding) financial paper would likely be the most attractive"

"We have benefited from our proactive positioning of credit risk and having managed interest rate and duration risk very actively throughout the year"

"The more subdued central bank outlook, rate cuts and potential slowdown in the economy should provide a fairly favorable backdrop for the asset class in 2024"