Shorter versus longer-dated bonds - is there a role for both in scheme portfolios?

Bruno Bamberger says the decision between strategies isn’t clean cut

clock • 5 min read
Bruno Bamberger is senior solutions strategist at Axa Investment Managers
Image:

Bruno Bamberger is senior solutions strategist at Axa Investment Managers

Despite the recent retracement in yield levels, money market and short-dated (one-to-five-year) bond yields are near the highest they have been since the end of the 2008/2009 global financial crisis.

Institutional investors may understandably be tempted to allocate more to these strategies - not just because of their attractiveness versus recent levels, but also because they can offer an equal ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

The DC scheme scramble for private assets

The DC scheme scramble for private assets

Charlotte Moore finds DC plans are facing challenges around speed of deployment, scale and crowded trades

Charlotte Moore
clock 16 July 2026 • 5 min read
Case study: How LifeSight is investing in private markets

Case study: How LifeSight is investing in private markets

WTW’s Andrew Doyle sets out how the master trust is evolving its allocation to private markets.

Charlotte Moore
clock 16 July 2026 • 2 min read
FMs making 'incremental' progress on ESG integration

FMs making 'incremental' progress on ESG integration

EY report finds ESG integration has been a case of ‘evolution rather than revolution’

Martin Richmond
clock 09 July 2026 • 3 min read
Trustpilot