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

Partner Insight: Five forces shaping the data centre investment landscape

Partner Insight: Five forces shaping the data centre investment landscape

From AI and cloud demand to power constraints, five structural forces are reshaping data centre investing.

Principal's Global Data Centre Team
clock 26 October 2026 • 6 min read
TPR publishes guidance to help guard against 'hidden' AI portfolio exposure

TPR publishes guidance to help guard against 'hidden' AI portfolio exposure

Regulator publishes new concentration risk guidance as AI embeds in global markets

Alex Levy
clock 22 October 2026 • 2 min read
Partner Insight: From load to lever - AI's mispriced role in the energy transition

Partner Insight: From load to lever - AI's mispriced role in the energy transition

Electricity demand associated with AI is testing already-constrained power systems. Could the same technology also help reduce energy waste, manage demand, unlock grid capacity and integrate clean power?

Allspring Global Investments
clock 22 October 2026 • 6 min read
Trustpilot