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

ICSWG launches climate investing framework

ICSWG launches climate investing framework

Framework will assist investors in decision making to support real-world change

Martin Richmond
clock 07 January 2026 • 2 min read
ESG progress stalls across UK fiduciary management market

ESG progress stalls across UK fiduciary management market

Just 21% of fiduciary managers were rated ‘green’ in 2025, down from 38% last year

Jonathan Stapleton
clock 07 January 2026 • 2 min read
FM fees for smaller schemes plateau amid cost inflation and falling asset values

FM fees for smaller schemes plateau amid cost inflation and falling asset values

Latest EY survey also shows shift towards internal fund management

Jonathan Stapleton
clock 06 January 2026 • 4 min read
Trustpilot