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Empire Life fixed income funds outperformed after the worst drawdown in more than 40 years
Bond markets sold off sharply in the first half of the year as central banks around the world aggressively raised interest rates causing bond yields to increase across the curve. Although our fixed income mandates could not avoid losses in this challenging market environment, our positioning helped us preserve capital compared with our peers and deliver performance that was in the top quartiles for the first half of 2022 and on a trailing one-year basis.
Read the latest commentary from Albert Ngo, Senior Portfolio Manager and Ian Fung, Portfolio Manager, to see how they are positioning Empire Life fixed income portfolios and why they believe the funds remain well positioned for the long term. . |