Fixed income in 2016 — late cycle reality and an increase in opportunities

In this latest video update, John Pattullo, Co-Head of Retail Fixed Income, provides an assessment of the key lessons learned so far in 2015 and his outlook for the credit markets in 2016. He believes 2016 is likely to be shaped by two dominant investment themes: a continuing focus on where we are in the credit cycle, and ongoing reregulation of the banking industry. Pattullo expects to see better value emerging and more interesting credits in the market. Therefore, he believes that there is more opportunity in the forthcoming 12 months.