Andreas Uterman, London-based CIO and co-head of the $499 billion Allianz Global Investors, discussed the unknowns in today's global fixed-income market. Although the US Federal Reserve Bank is tipped to raise interest rates this year for the first time since it began its quantitative easing programme, he expects the bizarre fundamentals underpinning bond markets to remain for some time, which will continue to impact the way fund managers position portfolios. The full interview is available in the May print edition of FInanceAsia.
Q Everybody’s talking about the Fed but a rate hike has been on the cards for a long time. Is a 25 basis points or 50 basis...